FY2018 Earnings Forecast for Zurich Insurance Group AG (OTCMKTS:ZURVY) Issued By Jefferies Group

Zurich Insurance Group AG (OTCMKTS:ZURVY) – Stock analysts at Jefferies Group boosted their FY2018 earnings estimates for Zurich Insurance Group in a research note issued to investors on Wednesday, Zacks Investment Research reports. Jefferies Group analyst P. Kett now expects that the financial services provider will earn $2.51 per share for the year, up from their prior estimate of $2.46. Jefferies Group also issued estimates for Zurich Insurance Group’s FY2019 earnings at $2.88 EPS.

Several other equities analysts have also weighed in on ZURVY. Macquarie restated an “underperform” rating on shares of Zurich Insurance Group in a report on Thursday. Barclays lowered shares of Zurich Insurance Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 11th. JPMorgan Chase & Co. lowered shares of Zurich Insurance Group from an “overweight” rating to a “neutral” rating in a report on Monday, November 27th. DZ Bank restated a “neutral” rating on shares of Zurich Insurance Group in a report on Thursday, November 16th. Finally, Deutsche Bank restated a “neutral” rating on shares of Zurich Insurance Group in a report on Monday, November 6th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold”.

Zurich Insurance Group (OTCMKTS ZURVY) opened at $33.27 on Thursday. Zurich Insurance Group has a 12-month low of $26.01 and a 12-month high of $33.29. The stock has a market cap of $49,805.73, a P/E ratio of 15.47 and a beta of 0.98.

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Zurich Insurance Group Company Profile

Zurich Insurance Group AG is a holding company. The Company and its subsidiaries provide insurance products and related services. Its segments include General Insurance, Global Life, Farmers, Other Operating Businesses and Non-Core Businesses. The General Insurance segment provides a range of motor, home and commercial products and services for individuals, as well as small and large businesses.

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