Zacks Investment Research Lowers Scor (OTCMKTS:SCRYY) to Sell

Scor (OTCMKTS:SCRYYGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday, Zacks.com reports.

According to Zacks, “SCOR ADR is in the reinsurance business. “

SCRYY has been the topic of several other reports. Societe Generale lowered shares of Scor from a “buy” rating to a “hold” rating in a research report on Friday, February 11th. UBS Group boosted their target price on shares of Scor from €33.00 ($34.38) to €35.10 ($36.56) and gave the stock a “buy” rating in a research report on Thursday, May 12th. JPMorgan Chase & Co. boosted their target price on shares of Scor from €27.50 ($28.65) to €28.00 ($29.17) and gave the stock an “underweight” rating in a research report on Monday, May 9th. The Goldman Sachs Group assumed coverage on shares of Scor in a research report on Thursday, February 10th. They set a “neutral” rating on the stock. Finally, Morgan Stanley assumed coverage on shares of Scor in a research report on Tuesday, February 8th. They set an “overweight” rating on the stock. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $22.12.

OTCMKTS:SCRYY opened at $2.64 on Friday. The firm’s fifty day moving average price is $2.95 and its 200 day moving average price is $3.07. Scor has a 1-year low of $2.52 and a 1-year high of $3.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 6.71 and a quick ratio of 6.71. The firm has a market cap of $4.94 billion, a price-to-earnings ratio of 12.58 and a beta of 1.38.

Scor (OTCMKTS:SCRYYGet Rating) last posted its quarterly earnings data on Thursday, February 24th. The financial services provider reported $0.07 earnings per share for the quarter. Scor had a net margin of 2.28% and a return on equity of 5.27%. The firm had revenue of $4.31 billion for the quarter. As a group, analysts expect that Scor will post 0.22 earnings per share for the current fiscal year.

Scor Company Profile (Get Rating)

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates through two segments, SCOR Global P&C and SCOR Global Life. The SCOR Global P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental impairment liability; and business ventures and partnerships.

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