RGA Stock Trading at Discount to Industry at 1.24X: Time to Hold?

Reinsurance Group of America (RGA) shares are trading at a discount to the Zacks Life Insurance industry. Its forward price-to-book value of 1.24X is lower than the industry average of 1.96X, the Finance sector’s 3.99X and the Zacks S&P 500 Composite’s 8.85X. The life insurer has a Value Score of A.Image Source: Zacks Investment ResearchThe insurer has a market capitalization of $13.88 billion. The average volume of shares traded in the last three months was 0.3 million.The stock remains attractively valued ...