UBS is getting more bullish on Berkshire Hathaway stock heading into the business’s first-quarter profits report. In reality, expert Brian Meredith stated the so-called Child Berkshire Class B shares of Warren Buffett’s corporation are a “safe house in a rough environment.” The expert repeated a previous buy ranking on Berkshire’s Class B stock, raising his 12-month rate target to $606 per share from $557. That indicates approximately 14% upside from Friday’s $530.96 close. The expert likewise raised his first-quarter profits quote to $4.89 per share from $4.81, pointing out enhanced hidden loss ratios for Geico, Buffett’s premier holding. BRK.B YTD mountain Berkshire Class B has actually gotten almost 18% in 2025. While the expert kept in mind that President Donald Trump’s tariffs might rise the expense of insurance coverage repair work and payments, Geico is strong enough economically to weather the boosts. “We anticipate tariffs to possibly increase claims expenses by 3% – 4% at Geico, nevertheless, offered present success, Geico might have the ability to soak up the extra expenses without raising costs and remain within target margins,” Meredith stated. Berkshire reports first-quarter outcomes on May 2, followed by its yearly investor conference in Omaha on May 3. The UBS expert will be searching for more info worrying what strategies, if any, Berkshire needs to release its record $334 billion in money holdings. Experts surveyed by FactSet projection profits per share of $4.72 on earnings of $90.8 billion in the March quarter.
Related Articles
Add A Comment