Scor (SCRYY) Upgraded to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of Scor (OTCMKTS:SCRYY) from a sell rating to a hold rating in a report published on Tuesday.
According to Zacks, “SCOR ADR is in the reinsurance business. “
Separately, JPMorgan Chase & Co. upgraded Scor from a neutral rating to an overweight rating in a research note on Wednesday, August 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Scor currently has a consensus rating of Hold and a consensus price target of $4.75.
Scor (OTCMKTS:SCRYY) last issued its quarterly earnings results on Thursday, July 26th. The financial services provider reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.01. Scor had a return on equity of 4.42% and a net margin of 1.94%. The business had revenue of $4.12 billion during the quarter. analysts expect that Scor will post 0.35 EPS for the current year.
SCOR SE provides life and non-life reinsurance products worldwide. It operates through SCOR Global P&C and SCOR Global Life segments. The SCOR Global P&C segment offers reinsurance products in the areas of property and casualty treaties; specialty treaties, including credit and surety, decennial insurance, aviation, space, marine, engineering, agriculture risks, and alternative solutions; business solutions; business ventures and partnerships; and direct insurance products on a business-to-business basis.
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