Raymond James Financial Dawnngrages Reinsurance Group of America (RGA) Stock

On May 23, Raymond James Financial announced that the Reinsurance Group of America, Incorporated (NYSE:RGA), stocks from “strong buy” to “market performance” without price targets, Flies.

The change in ratings is the result of increased competition and concerns associated with market challenges that companies encounter.

Individuals signing dotted lines for life insurance.

The company believes that American reinsurance group Incorporated (NYSE: RGA), which provides reinsurance and financial solutions, continues to face increasing competition for property blocks and pension risk transfers (PRTs), affecting the company’s stock outlook. Additionally, the company also expressed concerns related to a temporary suspension in the US Jumbo Pension Risk Transfer Market and a decline in returns for UK buy-in PRTS.

Collectively, these factors have contributed to the optimistic view of the future revenue potential of American reinsurance group Incorporated (NYSE: RGA). However, the company’s first quarter results are strong, and its traditional business is particularly well-functioning, and its biometric billing remains favorable in all geographic segments.

Although there is macro uncertainty, the American reinsurance group Incorporated (NYSE: RGA) expects an attractive pipeline of organic new businesses and resident transactions, and has a healthy balance between them. In the first quarter of 2025, the company’s consolidated net premium reached $4 billion, a net foreign currency effect of $60 million, reflecting a 25% decline.

While acknowledging the potential for RGA to grow, our belief lies in the belief that some AI stocks hold a greater commitment to offering higher returns, with limited downside risk. If you’re looking for AI stocks that are more promising than RGA and have a potential of 100 times upside, check out our report on this Cheapest AI stocks.

Read next: Analysts say they buy 13 cheap AI stocks and 11 unstoppable growth stocks are currently investing

Disclosure: None.