Zacks Investment Research lowered shares of Scor (OTCMKTS:SCRYY) from a buy rating to a sell rating in a research report report published on Wednesday morning.
According to Zacks, “SCOR ADR is in the reinsurance business. “
Several other equities analysts have also issued reports on the company. Royal Bank of Canada upgraded Scor from an underperform rating to a sector perform rating in a research report on Tuesday, January 16th. JPMorgan Chase lowered Scor from an overweight rating to a neutral rating in a research report on Monday, March 19th. Goldman Sachs lowered Scor from a neutral rating to a sell rating in a research report on Thursday, March 29th. Barclays upgraded Scor from an underweight rating to an equal weight rating in a research report on Monday, December 11th. Finally, ValuEngine upgraded Scor from a hold rating to a buy rating in a research report on Thursday, March 1st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $4.75.
Scor (OTCMKTS:SCRYY) last posted its earnings results on Thursday, February 22nd. The financial services provider reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $3.86 billion during the quarter. Scor had a return on equity of 4.34% and a net margin of 2.05%. equities analysts forecast that Scor will post 0.4 EPS for the current year.
SCOR SE is engaged in providing life and non-life reinsurance. The Company’s segments include SCOR Global P&C (Non-Life) and SCOR Global Life (Life). The Company’s divisions include SCOR Global P&C, SCOR Global Life and SCOR Global Investments. The Company’s Non-Life segment is divided into four business areas: Property and Casualty Treaties; Specialty Treaties; Business Solutions (underwriting of large corporate accounts), and Business Ventures and Partnerships.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Scor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scor and related companies with MarketBeat.com's FREE daily email newsletter.