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

Zurich Insurance Group AG (OTCMKTS:ZURVY) has been assigned an average rating of “Buy” from the six research firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $36.00.

Several equities research analysts have issued reports on ZURVY shares. Zacks Investment Research upgraded shares of Zurich Insurance Group from a “hold” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research note on Saturday, February 2nd. JPMorgan Chase & Co. downgraded shares of Zurich Insurance Group from an “overweight” rating to a “neutral” rating in a research note on Thursday, December 6th.

ZURVY traded up $0.02 during trading on Friday, hitting $33.07. 33,476 shares of the company’s stock were exchanged, compared to its average volume of 39,688. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 0.38. Zurich Insurance Group has a 1 year low of $28.51 and a 1 year high of $34.00.

About Zurich Insurance Group

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, and Non-Core Businesses segments.

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