Scor SE (OTCMKTS:SCRYY) Receives Average Recommendation of “Buy” from Analysts

Scor SE (OTCMKTS:SCRYY) has received a consensus recommendation of “Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Several brokerages recently weighed in on SCRYY. Royal Bank Of Canada restated an “outperform” rating on shares of Scor in a research note on Tuesday, October 14th. Morgan Stanley reiterated an “overweight” rating on shares of Scor in a report on Monday, October 13th. Finally, Zacks Research upgraded shares of Scor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th.

Scor Trading Down 3.3%

OTCMKTS:SCRYY opened at $3.27 on Friday. The firm has a market capitalization of $5.87 billion, a PE ratio of 6.06 and a beta of 0.58. Scor has a 1 year low of $2.31 and a 1 year high of $3.73. The firm’s fifty day simple moving average is $3.22 and its 200 day simple moving average is $3.32.

Scor (OTCMKTS:SCRYY) last released its earnings results on Friday, October 31st. The financial services provider reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. The firm had revenue of $4.34 billion during the quarter, compared to analyst estimates of $3.75 billion. Scor had a net margin of 5.63% and a return on equity of 20.01%. As a group, analysts anticipate that Scor will post -0.01 EPS 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.