Scor Se (OTCMKTS:SCRYY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Scor Se (OTCMKTS:SCRYY) have been given an average recommendation of “Buy” by the five brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating on the company.

Several brokerages recently issued reports on SCRYY. The Goldman Sachs Group upgraded shares of Scor to a “strong-buy” rating in a research note on Monday, March 24th. UBS Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 31st. Barclays upgraded Scor to a “hold” rating in a research note on Tuesday, January 28th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of Scor in a research report on Thursday, March 6th.

Scor Price Performance

Shares of SCRYY stock opened at $3.05 on Friday. The firm has a fifty day moving average of $2.79 and a two-hundred day moving average of $2.56. Scor has a 1-year low of $1.82 and a 1-year high of $3.53. The firm has a market cap of $5.47 billion, a P/E ratio of -76.13 and a beta of 0.98.

Scor Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, May 2nd will be issued a dividend of $0.1375 per share. The ex-dividend date is Thursday, May 1st. This represents a yield of 4.32%. Scor’s payout ratio is currently -300.00%.

Scor Company Profile

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 in two segments, SCOR P&C and SCOR L&H. The SCOR 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 liability; and business ventures and partnerships.