FY2018 EPS Estimates for Zurich Insurance Group AG Lifted by Analyst (ZURVY)
Zurich Insurance Group AG (OTCMKTS:ZURVY) – Investment analysts at Jefferies Group increased their FY2018 earnings estimates for Zurich Insurance Group in a research note issued to investors on Wednesday. Jefferies Group analyst P. Kett now expects that the financial services provider will post earnings of $2.51 per share for the year, up from their prior forecast of $2.46. Jefferies Group also issued estimates for Zurich Insurance Group’s FY2019 earnings at $2.88 EPS.
A number of other research firms also recently issued reports on ZURVY. JPMorgan Chase & Co. downgraded shares of Zurich Insurance Group from an “overweight” rating to a “neutral” rating in a report on Monday, November 27th. Barclays downgraded shares of Zurich Insurance Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 11th. DZ Bank reiterated a “neutral” rating on shares of Zurich Insurance Group in a report on Thursday, November 16th. Finally, Deutsche Bank reiterated a “neutral” rating on shares of Zurich Insurance Group in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. Zurich Insurance Group presently has an average rating of “Hold”.
About Zurich Insurance Group
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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