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

Shares of Scor SE (OTCMKTS:SCRYY) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

SCRYY has been the subject of several research reports. Citigroup restated a “buy” rating on shares of Scor in a research note on Thursday, May 7th. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Finally, BNP Paribas Exane lowered Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th.

Scor Stock Performance

Shares of SCRYY opened at $4.06 on Friday. The company’s 50-day simple moving average is $3.80 and its 200-day simple moving average is $3.65. Scor has a 1 year low of $2.95 and a 1 year high of $4.12. The stock has a market capitalization of $7.29 billion, a PE ratio of 7.52 and a beta of 0.59.

Scor (OTCMKTS:SCRYY) last announced its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. Scor had a net margin of 5.50% and a return on equity of 19.40%. The firm had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.25 billion. On average, sell-side analysts predict that Scor will post 0.49 earnings per share for the current year.

About Scor

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.