Scor SE (OTCMKTS:SCRYY) Receives Consensus Recommendation of “Buy” from Analysts

Scor SE (OTCMKTS:SCRYY) has received an average recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

A number of research analysts recently commented on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a research note on Monday, October 13th. Zacks Research raised Scor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. BNP Paribas upgraded Scor from a “neutral” rating to an “outperform” rating in a research note on Monday, January 12th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Scor in a research note on Tuesday, October 14th.

Scor Price Performance

Shares of Scor stock opened at $3.28 on Wednesday. The business has a fifty day simple moving average of $3.25 and a two-hundred day simple moving average of $3.32. Scor has a 1 year low of $2.31 and a 1 year high of $3.73. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of 6.06 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last issued its quarterly earnings data on Friday, October 31st. The financial services provider reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $3.75 billion. Scor had a net margin of 5.63% and a return on equity of 20.01%. As a group, equities analysts anticipate that Scor will post -0.01 earnings per share for the current fiscal 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.