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

Scor (OTCMKTS:SCRYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday, Zacks.com reports.

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

A number of other equities analysts have also weighed in on the company. Berenberg Bank assumed coverage on Scor in a research note on Tuesday, June 23rd. They issued a “buy” rating on the stock. JPMorgan Chase & Co. restated an “overweight” rating on shares of Scor in a research note on Thursday, April 9th. Morgan Stanley upgraded Scor from an “underweight” rating to an “equal weight” rating in a research note on Tuesday. ValuEngine upgraded Scor from a “sell” rating to a “hold” rating in a research note on Thursday, June 4th. Finally, Deutsche Bank reiterated a “buy” rating on shares of Scor in a research report on Monday, May 4th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $2.75.

Shares of OTCMKTS:SCRYY traded down $0.06 during midday trading on Tuesday, reaching $2.65. 36,800 shares of the company traded hands, compared to its average volume of 58,183. The company has a quick ratio of 8.21, a current ratio of 8.21 and a debt-to-equity ratio of 0.39. Scor has a 12 month low of $1.63 and a 12 month high of $4.45. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 9.80 and a beta of 1.24. The firm’s fifty day moving average price is $2.75 and its two-hundred day moving average price is $3.14.

Scor (OTCMKTS:SCRYY) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $0.10 earnings per share for the quarter. The business had revenue of $4.08 billion for the quarter. Scor had a return on equity of 7.21% and a net margin of 3.17%. Analysts forecast that Scor will post 0.19 earnings per share 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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