Scor (OTCMKTS:SCRYY) Cut to “Hold” at Zacks Research

Zacks Research lowered shares of Scor (OTCMKTS:SCRYY) from a strong-buy rating to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Several other equities research analysts also recently weighed in on SCRYY. The Goldman Sachs Group downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. BNP Paribas Exane upgraded shares of Scor from a “neutral” rating to an “outperform” rating in a report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Scor has an average rating of “Moderate Buy”.

Scor Trading Down 0.0%

Shares of OTCMKTS SCRYY opened at $3.47 on Wednesday. The company has a market cap of $6.22 billion, a price-to-earnings ratio of 6.42 and a beta of 0.55. Scor has a 12 month low of $2.31 and a 12 month high of $3.73. The stock has a 50-day moving average price of $3.41 and a two-hundred day moving average price of $3.35.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings results on Wednesday, March 4th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $5.28 billion for the quarter, compared to analyst estimates of $3.83 billion. Scor had a net margin of 5.55% and a return on equity of 20.42%. On average, sell-side analysts predict that Scor will post -0.01 earnings per share for the current year.

Scor Company Profile

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.