Zacks Investment Research Lowers Scor (OTCMKTS:SCRYY) to Sell

Scor (OTCMKTS:SCRYY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Tuesday, Zacks.com reports.

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

A number of other brokerages have also weighed in on SCRYY. Deutsche Bank reiterated a “buy” rating on shares of Scor in a research report on Monday, May 4th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Scor in a research report on Thursday, April 9th. ValuEngine upgraded shares of Scor from a “sell” rating to a “hold” rating in a research report on Thursday, June 4th. Citigroup upgraded shares of Scor from a “neutral” rating to a “buy” rating in a research report on Tuesday. Finally, Morgan Stanley lowered shares of Scor from an “equal weight” rating to an “underweight” rating in a research report on Monday, March 30th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. Scor presently has an average rating of “Hold” and a consensus target price of $2.75.

OTCMKTS SCRYY opened at $2.65 on Tuesday. Scor has a 52-week low of $1.63 and a 52-week high of $4.50. The company has a 50-day simple moving average of $2.68 and a 200 day simple moving average of $3.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 8.21 and a current ratio of 8.21. The company has a market capitalization of $4.97 billion, a PE ratio of 9.83 and a beta of 1.22.

Scor (OTCMKTS:SCRYY) last issued its earnings results on Wednesday, April 29th. The financial services provider reported $0.10 earnings per share for the quarter. The firm had revenue of $4.08 billion during the quarter. Scor had a net margin of 3.17% and a return on equity of 7.21%. As a group, analysts forecast that Scor will post 0.19 EPS for the current fiscal year.

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.

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Analyst Recommendations for Scor (OTCMKTS:SCRYY)

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