Zacks Investment Research upgraded shares of GREENLIGHT CAP (GLRE) from UNDERPERFORM to NEUTRAL on October 02, 2012, with a target price of $26.00.
GREENLIGHT CAPITAL REINSURANCE LTD. is an AM Best "A-" (Excellent) rated specialty property and casualty reinsurance company based in the Cayman Islands. The Company provides a variety of custom-tailored reinsurance solutions to the insurance, risk retention group, captive and financial marketplaces. Greenlight Re selectively offers customized reinsurance solutions in markets where capacity and alternatives are limited. With a focus on deriving superior returns from both sides of the balance sheet, Greenlight Re's assets are managed according to a value-oriented equity-focused strategy that complements the Company's business goal of long-term growth in book value per share.
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