Zacks Investment Research Upgrades Scor (OTCMKTS:SCRYY) to “Hold”

Zacks Investment Research upgraded shares of Scor (OTCMKTS:SCRYY) from a sell rating to a hold rating in a research report sent to investors on Thursday, reports.

According to Zacks, “SCOR ADR is in the reinsurance business. “

Several other equities analysts also recently commented on SCRYY. UBS Group upgraded Scor from a neutral rating to a buy rating in a research note on Thursday, June 20th. JPMorgan Chase & Co. upgraded shares of Scor from a neutral rating to an overweight rating in a report on Thursday, June 13th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $4.50.

SCRYY stock opened at $4.11 on Thursday. The firm has a market cap of $7.96 billion, a PE ratio of 20.56 and a beta of 0.46. The company has a quick ratio of 8.98, a current ratio of 8.98 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average of $4.01 and a 200-day moving average of $4.20. Scor has a 12-month low of $3.79 and a 12-month high of $4.92.

Scor (OTCMKTS:SCRYY) last released its earnings results on Wednesday, July 24th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. Scor had a return on equity of 5.71% and a net margin of 2.49%. The company had revenue of $4.02 billion during the quarter. On average, research analysts expect that Scor will post 0.36 earnings per share for the current year.

About Scor

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.

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