Zurich Insurance Group (VTX:ZURN) has been assigned a CHF 270 target price by equities researchers at Societe Generale in a research report issued to clients and investors on Tuesday. The brokerage currently has a “sell” rating on the stock. Societe Generale’s price objective would suggest a potential downside of 11.04% from the stock’s current price.
Several other equities research analysts have also commented on the company. Macquarie set a CHF 265 price target on Zurich Insurance Group and gave the stock a “neutral” rating in a research note on Wednesday, December 13th. Sanford C. Bernstein set a CHF 230 price objective on Zurich Insurance Group and gave the stock a “sell” rating in a research report on Thursday, November 9th. Goldman Sachs Group set a CHF 335 price objective on Zurich Insurance Group and gave the stock a “buy” rating in a research report on Monday, December 11th. UBS Group set a CHF 315 price objective on Zurich Insurance Group and gave the stock a “neutral” rating in a research report on Tuesday, January 16th. Finally, HSBC set a CHF 346 price objective on Zurich Insurance Group and gave the stock a “buy” rating in a research report on Friday, January 19th. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of CHF 318.55.
Shares of Zurich Insurance Group (VTX:ZURN) opened at CHF 303.50 on Tuesday. The company has a market capitalization of $45,890.00 and a P/E ratio of 15.69. Zurich Insurance Group has a 52 week low of CHF 262.10 and a 52 week high of CHF 321.80.
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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