Zacks Research Upgrades Zurich Insurance Group (OTCMKTS:ZURVY) to "Hold"

Key Points

• Zurich Insurance Group has been upgraded to a "hold" rating by Zacks Research, indicating a shift in analyst sentiment regarding the stock.
• Conversely, Goldman Sachs recently downgraded the stock from "neutral" to "sell," reflecting mixed opinions from various analysts.
• The current consensus rating for Zurich Insurance Group's stock is "Reduce," with three analysts rating it a sell and two a hold.

Zurich Insurance Group (OTCMKTS:ZURVY - Get Free Report) was upgraded by research analysts at Zacks Research to a "hold" rating in a report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently commented on ZURVY. Barclays cut shares of Zurich Insurance Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 11th. The Goldman Sachs Group lowered shares of Zurich Insurance Group from a "neutral" rating to a "sell" rating in a report on Wednesday, July 2nd. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. According to MarketBeat.com, Zurich Insurance Group currently has a consensus rating of "Reduce".

Zurich Insurance Group Stock Down 0.7%

OTCMKTS ZURVY traded down $0.24 on Tuesday, hitting $36.45. 32,272 shares of the stock were exchanged, compared to its average volume of 180,451. The company has a current ratio of 16.46, a quick ratio of 16.46 and a debt-to-equity ratio of 0.48. Zurich Insurance Group has a fifty-two week low of $27.81 and a fifty-two week high of $36.75. The company has a 50-day moving average price of $34.88 and a 200-day moving average price of $34.21.

About Zurich Insurance Group

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.