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Zurich Insurance Group (OTCMKTS:ZURVY) has been updated by Zacks Investment Research from a “sell” to a “hold” rating in a note issued to investors on Friday, Zacks.com reports.
According to Zacks, “Zurich Insurance Group Limited is a multi-line insurance provider. It offers a wide range of general and life insurance products and services for individuals, small businesses, medium and large businesses. and multinationals.The Company operates in three segments: General Insurance, Global Life and Farmers Its General Insurance segment provides property and casualty products and services to individuals and businesses Its Global Life segment provides life insurance, investment, savings and pensions to international and expatriate investors, corporate clients and private banks. Its Farmers segment includes Farmers Re and Farmers Management Services, through which it manages the Farmers Exchanges, as well as Foremost, Bristol West and 21st products. Century in the United States.Zurich Insurance Group Limited, formerly known as Zurich Financial Services Limited, is based in Zurich , in Swiss. “
A number of other stock analysts have also recently commented on ZURVY. Oddo Bhf upgraded shares of Zurich Insurance Group from an “underperforming” rating to a “neutral” rating in a Friday, November 12 research note. Citigroup upgraded shares of Zurich Insurance Group from a “neutral” rating to a “buy” rating in a Wednesday, January 19 report. Finally, Morgan Stanley downgraded shares of Zurich Insurance Group from an “overweight” rating to an “equally weighted” rating in a report on Tuesday. Four equity research analysts rated the stock with a hold rating and six assigned the company a buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $53.00.
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Shares of ZURVIE traded at $1.11 on Friday, reaching $47.89. 36,372 shares of the stock are trading in the hands, compared to its average volume of 75,235. Zurich Insurance Group has a 1-year low of $38.43 and a 1-year high of 49.33 $. The stock’s 50-day moving average is $45.35 and its two-hundred-day moving average is $43.66.
Zurich Insurance Group Company Profile
Zurich Insurance Group AG is a holding company that provides insurance products and related services. It operates through the following segments: P&C regions, life regions, farmers, group functions and operations, and non-core businesses. The P&C Regions segment provides automotive, residential and commercial products and services to individuals, as well as small and large businesses, both on a local and global basis.
Further reading
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