- Noting the industry consolidation possibilities following RenRe's deal to buy Platinum Underwriters, and Blue Capital's (BCRH +4.9%) stock trading at a sizable discount to book value, Deutsche Bank upgrades BCRH to Buy from Hold with price target lifted to $20.50.
- Previously: RenaissanceRe buying Platinum Underwriters for $1.9B (Nov. 24, 2014)
Blue Capital Re on the move after upgrade
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Symbol | Last Price | % Chg |
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BCRHF | - | - |
Blue Capital Reinsurance Holdings Ltd. |