Zacks Investment Research upgraded shares of Ms&Ad Insurance Group (OTCMKTS:MSADY) from a hold rating to a buy rating in a research report sent to investors on Friday, Zacks.com reports. They currently have $19.00 target price on the insurance provider’s stock.

According to Zacks, “MS&AD Insurance Group Holdings, Inc. is engaged in non-life insurance, life insurance, and overseas insurance businesses. The Group writes marine, fire, casualty, automobile, life, and allied insurance policies. It also operates financial services and agencies. MS&AD Insurance Group Holdings, Inc. is based in Tokyo, Japan. “

Other equities analysts also recently issued research reports about the stock. Goldman Sachs Group raised shares of Ms&Ad Insurance Group from a buy rating to a conviction-buy rating in a report on Monday, January 13th. ValuEngine raised shares of Ms&Ad Insurance Group from a sell rating to a hold rating in a report on Friday, December 20th.

Shares of MSADY opened at $16.53 on Friday. Ms&Ad Insurance Group has a 1 year low of $14.28 and a 1 year high of $17.22. The company has a market cap of $19.44 billion, a price-to-earnings ratio of 10.33 and a beta of 0.72. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.20 and a current ratio of 0.20. The firm has a fifty day moving average of $16.66 and a 200-day moving average of $16.29.

About Ms&Ad Insurance Group

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers various life and non-life insurance products, including fire and allied, marine, personal accident, voluntary automobile, compulsory automobile liability, medical and nursing care, and other insurance products; individual annuity insurance and whole life insurance products; and reinsurance services, as well as income guarantee insurance products.

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