Barclays upgraded shares of Zurich Insurance Group (OTCMKTS:ZURVY) from an equal weight rating to an overweight rating in a report released on Wednesday morning, The Fly reports.
Other equities research analysts have also issued research reports about the company. Societe Generale upgraded Zurich Insurance Group from a hold rating to a buy rating in a research note on Thursday, September 12th. Zacks Investment Research downgraded Zurich Insurance Group from a hold rating to a sell rating in a research report on Saturday, November 23rd. Jefferies Financial Group lowered Zurich Insurance Group from a buy rating to a hold rating in a research note on Wednesday, November 20th. Finally, ValuEngine cut Zurich Insurance Group from a hold rating to a sell rating in a research report on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $40.00.
ZURVY opened at $40.08 on Wednesday. The stock has a market cap of $59.96 billion, a price-to-earnings ratio of 16.16 and a beta of 0.65. The firm’s fifty day moving average is $39.29 and its 200 day moving average is $36.48. Zurich Insurance Group has a fifty-two week low of $28.51 and a fifty-two week high of $40.10.
About Zurich Insurance Group
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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