Zurich Insurance Group (ZURVY) Lowered to Hold at HSBC
HSBC cut shares of Zurich Insurance Group (OTCMKTS:ZURVY) from a buy rating to a hold rating in a report released on Friday morning, The Fly reports.
Separately, Zacks Investment Research upgraded Zurich Insurance Group from a hold rating to a strong-buy rating and set a $36.00 target price on the stock in a research note on Saturday, February 2nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $36.00.
Zurich Insurance Group stock opened at $32.75 on Friday. The stock has a market capitalization of $49.46 billion, a PE ratio of 13.21 and a beta of 0.65. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 0.38. Zurich Insurance Group has a 12 month low of $28.51 and a 12 month high of $34.00.
Zurich Insurance Group Company Profile
Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, and Non-Core Businesses segments.
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