Scor (OTCMKTS:SCRYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.
According to Zacks, “SCOR ADR is in the reinsurance business. “
Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. cut Scor from an “overweight” rating to a “neutral” rating in a research note on Monday, October 8th. Goldman Sachs Group upgraded Scor from a “sell” rating to a “neutral” rating in a research note on Monday, October 1st. Bank of America downgraded shares of Scor from a “buy” rating to a “neutral” rating in a report on Friday, September 14th. Finally, Jefferies Financial Group downgraded shares of Scor from a “buy” rating to a “hold” rating in a report on Monday, September 10th. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The stock has an average rating of “Hold” and an average target price of $4.75.
Scor Company Profile
SCOR SE provides life and non-life reinsurance products worldwide. It operates through SCOR Global P&C and SCOR Global Life segments. The SCOR Global P&C segment offers reinsurance products in the areas of property and casualty treaties; specialty treaties, including credit and surety, decennial insurance, aviation, space, marine, engineering, agriculture risks, and alternative solutions; business solutions; business ventures and partnerships; and direct insurance products on a business-to-business basis.
Further Reading: What is the Dow Jones Industrial Average (DJIA)?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Scor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scor and related companies with MarketBeat.com's FREE daily email newsletter.