Scor SE (OTCMKTS:SCRYY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Scor SE (OTCMKTS:SCRYY) have been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company.

SCRYY has been the subject of a number of analyst reports. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. Morgan Stanley reissued an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Citigroup reissued a “buy” rating on shares of Scor in a research note on Thursday, May 7th.

Scor Price Performance

Shares of SCRYY opened at $3.65 on Monday. The business has a 50-day simple moving average of $3.68 and a two-hundred day simple moving average of $3.44. The stock has a market cap of $6.55 billion, a price-to-earnings ratio of 6.40 and a beta of 0.58. Scor has a 52 week low of $2.95 and a 52 week high of $4.04.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $4.49 billion during the quarter, compared to analysts’ expectations of $4.58 billion. Scor had a return on equity of 20.83% and a net margin of 5.79%. On average, equities analysts anticipate that Scor will post 0.49 earnings per share for the current fiscal year.

About Scor

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.