Zurich Insurance Group (OTCMKTS:ZURVY) Lowered to “Hold” at Societe Generale

Societe Generale lowered shares of Zurich Insurance Group (OTCMKTS:ZURVYGet Rating) from a buy rating to a hold rating in a research report released on Tuesday morning, The Fly reports.

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Zurich Insurance Group from CHF 560 to CHF 550 and set an overweight rating for the company in a research report on Friday, January 13th. BNP Paribas lowered shares of Zurich Insurance Group from an outperform rating to a neutral rating in a research report on Thursday, January 5th. Barclays decreased their target price on shares of Zurich Insurance Group from CHF 532 to CHF 520 and set an overweight rating on the stock in a research report on Tuesday, November 22nd. Finally, Bank of America downgraded shares of Zurich Insurance Group from a buy rating to a neutral rating in a report on Tuesday, December 6th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of Hold and a consensus target price of $522.50.

Zurich Insurance Group Trading Down 0.9 %

Shares of Zurich Insurance Group stock opened at $47.68 on Tuesday. Zurich Insurance Group has a 52-week low of $38.33 and a 52-week high of $49.95. The company has a 50 day moving average of $47.46 and a 200 day moving average of $44.49.

About Zurich Insurance Group

(Get Rating)

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, Group Functions and Operations, and Non-Core Businesses segments.

Further Reading

The Fly logo

Analyst Recommendations for Zurich Insurance Group (OTCMKTS:ZURVY)

Receive News & Ratings for Zurich Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zurich Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.