Scor (OTCMKTS:SCRYY) Given New €25.00 Price Target at Royal Bank of Canada

Scor (OTCMKTS:SCRYYGet Rating) had its price target decreased by Royal Bank of Canada from €26.00 ($26.80) to €25.00 ($25.77) in a research report released on Monday, The Fly reports.

Other equities analysts also recently issued reports about the stock. HSBC downgraded shares of Scor from a buy rating to a hold rating in a report on Tuesday, June 14th. Morgan Stanley cut their price target on shares of Scor from €38.00 ($39.18) to €32.00 ($32.99) and set an overweight rating for the company in a report on Friday, July 8th. Societe Generale lowered their price objective on shares of Scor from €31.00 ($31.96) to €21.50 ($22.16) in a research report on Monday, July 25th. JPMorgan Chase & Co. lowered their price objective on shares of Scor from €24.50 ($25.26) to €16.00 ($16.49) and set an underweight rating for the company in a research report on Friday. Finally, Berenberg Bank lowered their price objective on shares of Scor from €35.00 ($36.08) to €28.00 ($28.87) and set a buy rating for the company in a research report on Friday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Scor has a consensus rating of Moderate Buy and an average price target of $26.27.

Scor Price Performance

OTCMKTS:SCRYY opened at $1.75 on Monday. The company has a 50-day moving average of $2.21 and a 200-day moving average of $2.76. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of -15.91 and a beta of 1.27. Scor has a 52 week low of $1.68 and a 52 week high of $3.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 6.71 and a current ratio of 6.71.

Scor (OTCMKTS:SCRYYGet Rating) last announced its quarterly earnings results on Friday, May 6th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter. Scor had a negative net margin of 0.96% and a negative return on equity of 2.28%. The firm had revenue of $5.29 billion for the quarter. As a group, equities research analysts anticipate that Scor will post 0.2 earnings per share for the current fiscal year.

Scor Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 8th. Stockholders of record on Thursday, May 19th were given a dividend of $0.1411 per share. This represents a dividend yield of 10.54%. The ex-dividend date of this dividend was Wednesday, May 18th. Scor’s dividend payout ratio is -127.26%.

Scor Company Profile

(Get Rating)

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates through two segments, SCOR Global P&C and SCOR Global Life. The SCOR Global P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental impairment liability; and business ventures and partnerships.

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