Short Term Rating on XL Group plc (XL)

XL Group plc (XL) has an average broker rating of 1.72, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.

XL Group plc (XL) : 7 Wall Street analysts covering XL Group plc (XL) believe that the average level the stock could reach for the short term is $38.86. The maximum price target given is $44 and the minimum target for short term is around $34, hence the standard deviation is calculated at $3.24.

For the current week, the company shares have a recommendation consensus of Buy.


XL Group plc (NYSE:XL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.14 and $32.88 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.00, notching a gain of 0.43% for the day. The total traded volume was 1,296,642 . The stock had closed at $32.86 on the previous day.

XL Group plc, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises on a worldwide basis. The Company is organized into two operating segments: Insurance and Reinsurance. The Companys insurance operations are organized into four business groups: International Property and Casualty, North America Property and Casualty, Global Professional Lines and Global Specialty Lines. Its insurance operations provide customized insurance policies for complex corporate risks that may require large limits and are marketed and distributed through a wide variety of local, national and international producers. The Companys reinsurance operations are structured geographically into business groups: Bermuda, North America and International (Europe, Asia Pacific, Latin America and Middle East North Africa (MENA)).

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