Scor (OTCMKTS:SCRYY) Raised to Hold at Zacks Investment Research

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

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

A number of other equities analysts also recently weighed in on SCRYY. UBS Group upgraded shares of Scor from a neutral rating to a buy rating in a report on Thursday, June 20th. Goldman Sachs Group downgraded shares of Scor from a neutral rating to a sell rating in a report on Monday, April 29th. Finally, JPMorgan Chase & Co. upgraded shares of Scor from a neutral rating to an overweight rating in a report on Thursday, June 13th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $4.50.

OTCMKTS SCRYY opened at $3.99 on Thursday. The company has a quick ratio of 8.98, a current ratio of 8.98 and a debt-to-equity ratio of 0.40. Scor has a 12-month low of $3.79 and a 12-month high of $4.92. The company has a market capitalization of $7.89 billion, a PE ratio of 19.95 and a beta of 0.43. The firm’s 50 day moving average is $4.19 and its 200-day moving average is $4.24.

Scor (OTCMKTS:SCRYY) last issued its earnings results on Wednesday, July 24th. The financial services provider reported $0.09 earnings per share for the quarter. The business had revenue of $4.02 billion for the quarter. Scor had a net margin of 2.49% and a return on equity of 5.71%. As a group, sell-side analysts expect that Scor will post 0.36 EPS 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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