JPMorgan Chase & Co. Reiterates “Buy” Rating for Zurich Insurance Group Ltd. (ZURVY)
Zurich Insurance Group Ltd. (OTCMKTS:ZURVY)‘s stock had its “buy” rating reissued by stock analysts at JPMorgan Chase & Co. in a report released on Thursday.
A number of other equities research analysts have also recently commented on the company. Barclays PLC restated a “buy” rating on shares of Zurich Insurance Group in a research report on Tuesday, August 30th. Societe Generale upgraded Zurich Insurance Group from a “sell” rating to a “hold” rating in a research report on Tuesday, September 6th. Finally, DZ Bank AG restated a “sell” rating on shares of Zurich Insurance Group in a research report on Thursday, August 11th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold”.
Zurich Insurance Group (OTCMKTS:ZURVY) traded down 2.17% during midday trading on Thursday, hitting $25.25. The company had a trading volume of 101,537 shares. The company has a 50 day moving average price of $25.86 and a 200 day moving average price of $23.99. Zurich Insurance Group has a 1-year low of $20.29 and a 1-year high of $26.88. The firm has a market capitalization of $37.70 billion, a P/E ratio of 27.03 and a beta of 1.25.
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About Zurich Insurance Group
Zurich Insurance Group Limited (Zurich) is an insurance company. The Company’s segments include: General Insurance, which provides a variety of motor, home and commercial products and services for individuals, as well as small and large businesses; Global Life, which pursues a strategy with propositions in unit-linked and protection products, as well as fee-based solutions managed through bank distribution, corporate life, and pensions and in-force management to develop positions in its target markets, and Farmers, which provides, through Farmers Group, Inc (FGI) and its subsidiaries, non-claims related, administrative and management services to the Farmers Exchanges as attorney-in-fact.
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