Scor SE (OTCMKTS:SCRYY) Receives Consensus Rating of “Moderate Buy” from Analysts

Scor SE (OTCMKTS:SCRYY) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

A number of research analysts have recently commented on the company. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 25th. BNP Paribas Exane upgraded Scor from a “neutral” rating to an “outperform” rating in a research report on Monday, January 12th. The Goldman Sachs Group lowered Scor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Morgan Stanley restated an “overweight” rating on shares of Scor in a report on Thursday. Finally, Citigroup restated a “buy” rating on shares of Scor in a report on Thursday.

Scor Stock Down 4.2%

SCRYY stock traded down $0.16 during midday trading on Thursday, hitting $3.61. The company’s stock had a trading volume of 2,844 shares, compared to its average volume of 10,968. The stock’s 50-day moving average price is $3.60 and its 200 day moving average price is $3.39. Scor has a 1 year low of $2.95 and a 1 year high of $4.04. The stock has a market cap of $6.48 billion, a price-to-earnings ratio of 6.69 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. Scor had a return on equity of 19.75% and a net margin of 5.55%.The business had revenue of $4.49 billion for the quarter, compared to analysts’ expectations of $4.58 billion. As a group, equities analysts forecast that Scor will post 0.49 earnings per share for the current fiscal year.

Scor Company Profile

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.