Zurich Insurance Group Ltd Lowered to Neutral at JPMorgan Chase & Co. (ZURVY)
Zurich Insurance Group Ltd (NASDAQ:ZURVY) was downgraded by JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Friday, TheFlyOnTheWall.com reports.
Zurich Insurance Group Ltd (NASDAQ:ZURVY) opened at 30.076 on Friday. Zurich Insurance Group Ltd has a 52 week low of $24.20 and a 52 week high of $31.12. The stock has a 50-day moving average of $29.9 and a 200-day moving average of $29.74. The company has a market cap of $44.550 billion and a price-to-earnings ratio of 10.35.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group initiated coverage on shares of Zurich Insurance Group Ltd in a research note on Wednesday, August 6th. They set a “hold” rating on the stock. Separately, analysts at RBC Capital downgraded shares of Zurich Insurance Group Ltd from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, July 30th. Finally, analysts at Sanford C. Bernstein downgraded shares of Zurich Insurance Group Ltd from a “market perform” rating to an “underperform” rating in a research note on Monday, July 28th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Zurich Insurance Group Ltd has a consensus rating of “Hold”.
Zurich Insurance Group Limited is a Switzerland-based holding company engaged in the insurance sector.
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