Scor SE (OTCMKTS:SCRYY) Receives Average Rating of “Moderate Buy” from Brokerages

Scor SE (OTCMKTS:SCRYY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company.

SCRYY has been the topic of a number of research analyst reports. Citigroup restated a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Morgan Stanley restated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Finally, Zacks Research downgraded shares of Scor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 25th.

Scor Price Performance

Shares of SCRYY stock opened at $3.64 on Monday. The company has a market capitalization of $6.53 billion, a P/E ratio of 6.39 and a beta of 0.58. The company’s 50-day simple moving average is $3.68 and its two-hundred day simple moving average is $3.45. Scor has a one year low of $2.95 and a one year high of $4.04.

Scor (OTCMKTS:SCRYY) last issued its earnings results on Wednesday, May 6th. The financial services provider reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.58 billion. Scor had a net margin of 5.79% and a return on equity of 20.83%.

About Scor

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.