Zurich Insurance Group AG (OTCMKTS:ZURVY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Zurich Insurance Group AG (OTCMKTS:ZURVY – Get Rating) have been assigned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $526.67.

Several research firms have weighed in on ZURVY. The Goldman Sachs Group initiated coverage on shares of Zurich Insurance Group in a research report on Wednesday, April 27th. They set a “neutral” rating on the stock. JPMorgan Chase & Co. lowered their target price on shares of Zurich Insurance Group from CHF 555 to CHF 550 in a research note on Friday, July 15th. Finally, Morgan Stanley increased their price target on shares of Zurich Insurance Group from CHF 530 to CHF 550 and gave the stock an “equal weight” rating in a research report on Friday, May 13th.

Zurich Insurance Group Stock Performance

Shares of ZURVY opened at $43.68 on Thursday. Zurich Insurance Group has a 1-year low of $40.59 and a 1-year high of $49.95. The company has a 50-day moving average of $43.37 and a 200 day moving average of $45.62. The company has a current ratio of 20.75, a quick ratio of 20.75 and a debt-to-equity ratio of 0.39.

About Zurich Insurance Group

(Get Rating)

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.

Read More

• Get a free copy of the StockNews.com research report on Zurich Insurance Group (ZURVY)
• Is it Time to Tap Molson Coors or Will Beer Sales Turn Flat?
• There Are Different Types of Stock To Invest In
• Is Starbucks Shooting For The Moon? 
• PayPal Continues To Struggle As Competition Increases
• Two High-Yield Deep-Values You Shouldn’t Ignore 

Want More Great Investing Ideas?