Zurich Insurance Group AG (ZURVY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Zurich Insurance Group AG (OTCMKTS:ZURVY) have been given an average recommendation of “Hold” by the twelve research firms that are presently covering the stock. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company.

A number of analysts recently commented on the stock. Zacks Investment Research cut shares of Zurich Insurance Group AG from a “hold” rating to a “sell” rating in a research note on Wednesday, March 1st. Goldman Sachs Group Inc reissued a “buy” rating on shares of Zurich Insurance Group AG in a research report on Thursday. DZ Bank AG reissued a “sell” rating on shares of Zurich Insurance Group AG in a research report on Thursday, February 9th. JPMorgan Chase & Co. lowered shares of Zurich Insurance Group AG from an “overweight” rating to a “neutral” rating in a report on Thursday, January 5th. Finally, BNP Paribas raised shares of Zurich Insurance Group AG from a “neutral” rating to an “outperform” rating in a report on Wednesday, January 25th.

Shares of Zurich Insurance Group AG (OTCMKTS:ZURVY) traded up 0.31% during midday trading on Thursday, hitting $26.61. 30,301 shares of the stock traded hands. The company’s 50-day moving average is $27.53 and its 200 day moving average is $27.21. Zurich Insurance Group AG has a 52 week low of $21.37 and a 52 week high of $29.18. The firm has a market capitalization of $39.76 billion, a PE ratio of 12.46 and a beta of 1.25.

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About Zurich Insurance Group AG

Zurich Insurance Group AG is a holding company. The Company and its subsidiaries provide insurance products and related services. Its segments include General Insurance, Global Life, Farmers, Other Operating Businesses and Non-Core Businesses. The General Insurance segment provides a range of motor, home and commercial products and services for individuals, as well as small and large businesses.