Zurich Insurance Group Ltd (OTCMKTS:ZURVY – Get Rating) has received an average recommendation of “Hold” from the eight research firms currently covering the company, reports Marketbeat. One research analyst rated the stock with a sell rating, four with a hold rating and one with a buy rating. The average 12-month target price among brokers who have covered the stock over the past year is $513.33.
A number of research companies have recently commented on ZURVY. Bank of America downgraded Zurich Insurance Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 6th. BNP Paribas downgraded Zurich Insurance Group from an outperform rating to a neutral rating in a report on Thursday 5 January. Societe Generale downgraded Zurich Insurance Group from a “buy” rating to a “hold” rating in a report Tuesday, January 17th. JPMorgan Chase & Co. downgraded Zurich Insurance Group from an “overweight” rating to an “underweight” rating in a report on Friday, March 3rd. Finally, Barclays reduced its target price on Zurich Insurance Group to CHF 520 from CHF 532 and gave the company an overweight rating in a report on Tuesday 22 November.
Zurich Insurance Group trading up 2.2%
Shares of ZURVY stock opened at $44.30 on Tuesday. The company’s 50-day moving average is $47.51 and its 200-day moving average is $45.62. Zurich Insurance Group has a 12-month low of $38.33 and a 12-month high of $49.95.
Zurich Insurance Group Company Profile (Get Rating)
Zurich Insurance Group AG is a holding company that offers insurance products and related services. It operates through the following segments: Property and Casualty Regions, Life Regions, Farmers, Corporate Functions and Operations, and Non-Core Businesses. The Property and Casualty Regions segment provides automotive, residential and commercial products and services to individuals and small and large businesses on a local and global basis.
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