Scor SE (OTCMKTS:SCRYY) Receives Average Rating of “Buy” from Brokerages

Shares of Scor SE (OTCMKTS:SCRYY) have earned an average recommendation of “Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

Several brokerages have recently issued reports on SCRYY. Royal Bank Of Canada reissued an “outperform” rating on shares of Scor in a report on Tuesday, October 14th. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research note on Monday, October 13th. Finally, Zacks Research upgraded Scor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th.

Scor Price Performance

Shares of SCRYY stock opened at $3.43 on Friday. The stock has a market cap of $6.15 billion, a PE ratio of 6.34 and a beta of 0.58. The stock has a 50-day moving average of $3.23 and a 200-day moving average of $3.32. Scor has a one year low of $2.31 and a one year high of $3.73.

Scor (OTCMKTS:SCRYY) last released its quarterly earnings data on Friday, October 31st. The financial services provider reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Scor had a net margin of 5.63% and a return on equity of 20.01%. The business had revenue of $4.34 billion for the quarter, compared to analyst estimates of $3.75 billion. As a group, research analysts anticipate that Scor will post -0.01 earnings per share for the current year.

About Scor

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.