Everest Group (EG) Stock Forecast & Price Target

$388.30

-0.36 (-0.09%)

(As of 09/19/2024 ET)

Everest Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for Everest Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 4 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for EG.

Consensus Price Target

$438.09
12.82% Upside

High Forecast	$527.00
Average Forecast	$438.09
Low Forecast	$375.00

According to the 9 analysts' twelve-month price targets for Everest Group, the average price target is $438.09. The highest price target for EG is $527.00, while the lowest price target for EG is $375.00. The average price target represents a forecasted upside of 12.82% from the current price of $388.30.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$438.09	$431.00	$432.11	$434.00
Forecasted Upside	12.82% Upside	16.21% Upside	16.41% Upside	21.36% Upside

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EG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

EG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Everest Group Stock vs. The Competition

Type	Everest Group	Finance Companies	S&P 500
Consensus Rating Score	2.67	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	12.82% Upside	12.71% Upside	6.71% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/4/2024	Barclays 3 of 5 stars	A. Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Overweight	$527.00	+34.27%
8/30/2024	BMO Capital Markets 4 of 5 stars		Reiterated Rating	Market Perform ➝ Market Perform	$403.00 ➝ $403.00	+3.26%
8/13/2024	TD Cowen 4 of 5 stars		Lower Target	Hold ➝ Hold	$419.00 ➝ $405.00	+12.16%
8/12/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$392.00 ➝ $393.00	+8.13%
8/8/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$454.00 ➝ $438.00	+20.24%
7/11/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$470.00 ➝ $493.00	+29.83%
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7/10/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$450.00 ➝ $445.00	+18.45%
2/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$452.00 ➝ $375.00	+6.00%
12/14/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Inline	$431.00	+11.42%
11/20/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$455.00 ➝ $460.00	+16.07%
10/6/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$429.00 ➝ $449.00	+16.00%
9/8/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$449.00	+22.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:47 PM ET.

EG Forecast - Frequently Asked Questions

What is Everest Group's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Everest Group is $438.09, with a high forecast of $527.00 and a low forecast of $375.00.
Should I buy or sell Everest Group stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Everest Group in the last year. There are currently 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EG shares.
Does Everest Group's stock price have much upside?: According to analysts, Everest Group's stock has a predicted upside of 16.39% based on their 12-month stock forecasts.
What analysts cover Everest Group?: Everest Group has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Keefe, Bruyette & Woods, Morgan Stanley, TD Cowen, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Everest Group more than its competitors?: Analysts like Everest Group more than other "finance" companies. The consensus rating for Everest Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how EG compares to other companies.