Wells Fargo Raises RGA Price Target to $292

Wells Fargo has reiterated its Overweight rating on Reinsurance Group of America, setting a price target of $292, a 10.47% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:24 PM EDT

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Wells Fargo raised its price target on Reinsurance Group of America, Incorporated ($RGA) to $292 from $291 on October 12, 2026, and rates the stock "Overweight".

Since the rating, $RGA is up 2.6% to date (from the $259.95 close on Oct 12, 2026).

RGA Reinsurance Group of America, Incorporated

$266.75 +32.78% year to date

Daily close · Oct 16, 2026

Key Points

On October 12, 2026, Wells Fargo reiterated its Overweight rating on Reinsurance Group of America, Incorporated (NYSE: RGA) and raised its price target to $292.
Wells Fargo's $292 price target implies 10.47% upside from Reinsurance Group of America, Incorporated's ($RGA) current $264.32 share price.
The stock is currently trading around $264.32, which is about 9.5% below the new target price.
The company has shown strong financials with a revenue growth of 18.5% year-over-year and an earnings per share of $22.7.

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Wells Fargo has reiterated its Overweight rating on Reinsurance Group of America, Incorporated (NYSE: RGA) and raised its price target from $291 to $292 on October 12, 2026. This new target is 9.5% below the stock's recent trading price of $264.32 as of October 16, 2026.

Other Institutional Activity in RGA

Blackrock Inc. holds 6,810,718 shares of RGA, having increased its stake by 131,579 shares, valued at approximately $1.82 billion. FMR, LLC reduced its position slightly by 2,963 shares, now holding 5,923,875 shares worth about $1.58 billion. Harris Associates L.P. trimmed its holdings by 165,880 shares, ending with 4,684,424 shares valued at around $1.25 billion. Vanguard Portfolio Management LLC also decreased its stake by 10,863 shares, bringing its total to 3,493,339 shares worth about $931 million. In contrast, WCM Investment Management, LLC added 176,353 shares, increasing its total to 3,007,065 shares valued at approximately $801 million.

Reinsurance Group of America, Incorporated Stock Up 7.6%

The stock of Reinsurance Group of America is currently trading at $264.32, which is below the new price target of $292. This suggests potential for growth if the stock aligns with analyst expectations. The company has shown resilience with a revenue growth of 18.5% year-over-year, which supports the bullish outlook from Wells Fargo.

12-month forecast

$RGA price target

Reinsurance Group of America, Incorporated daily closes and this analyst's $292 target. Not advice.

Recent Earnings

Reinsurance Group of America reported a trailing twelve-month revenue of approximately $25.97 billion and an earnings per share (EPS) of $22.7. The next earnings report is scheduled for October 29, 2026, which investors will be watching closely.

Insider Buying and Selling at Reinsurance Group of America, Incorporated

Several insiders have sold shares recently. Ronald Herrmann, an officer, sold 7,000 shares valued at about $1.47 million on May 14, 2026. John W. Hayden, another officer, sold 414 shares at an average price of $214.95, totaling around $88,989 on May 20, 2026. Additionally, Jonathan Porter sold 8,589 shares at an average price of $246.30, amounting to about $2.12 million on August 12, 2026.

Analysts Set New Price Targets

On October 12, 2026, Wells Fargo maintained its Overweight rating on RGA while increasing its price target to $292. Earlier, Barclays also maintained an Overweight rating, adjusting its target from $286 to $292 on October 8, 2026. The consensus among analysts shows a positive outlook for RGA, with several firms maintaining their Overweight ratings.

About Reinsurance Group of America

Reinsurance Group of America, Incorporated provides various reinsurance services, including life and health, as well as asset-intensive reinsurance globally. The company operates across multiple regions, offering solutions for individual and group life insurance, disability, and long-term care. This diverse portfolio positions RGA well in the insurance sector.

Bottom Line

Investors should keep an eye on RGA's upcoming earnings report on October 29, 2026. The recent analyst upgrades suggest a positive sentiment around the stock, especially with Wells Fargo's reiterated Overweight rating. As the company continues to show strong financial performance, further developments in RGA's stock will be worth monitoring.