Zurich Insurance Group Ltd Lowered to Market Perform at Raymond James (ZURVY)
Zurich Insurance Group Ltd (NASDAQ:ZURVY) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, American Banking News reports.
Shares of Zurich Insurance Group Ltd (NASDAQ:ZURVY) opened at 26.014 on Wednesday. Zurich Insurance Group Ltd has a 1-year low of $23.24 and a 1-year high of $29.00. The stock has a 50-day moving average of $25.55 and a 200-day moving average of $26.51. The company has a market cap of $38.380 billion and a P/E ratio of 10.98.
ZURVY has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. upgraded shares of Zurich Insurance Group Ltd from an “underweight” rating to a “neutral” rating in a research note to investors on Tuesday. Analysts at Barclays upgraded shares of Zurich Insurance Group Ltd from an “underweight” rating to an “equal weight” rating in a research note to investors on Wednesday, August 21st. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.
Zurich Insurance Group Limited is a Switzerland-based holding company engaged in the insurance sector.
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