Zurich Insurance Group (ZURVY) Rating Increased to Hold at Zacks Investment Research

Zurich Insurance Group (OTCMKTS:ZURVY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Saturday, Zacks.com reports.

According to Zacks, “Zurich Insurance Group Limited is a multi-line insurance provider. It offers a wide range of general insurance and life insurance products and services for individuals, small businesses, mid-sized and large companies and multinational corporations. The Company operates in three segments: General Insurance, Global Life and Farmers. Its General Insurance segment provides property and casualty products and services for individual and commercial customers. Its Global Life segment offers life insurance, investments, savings and pensions solutions to international and expatriate investors, corporate customers and private banks. Its Farmers segment includes Farmers Re and Farmers Management Services, through which it manages the Farmers Exchanges, as well as Foremost, Bristol West and 21st Century products in the United States. Zurich Insurance Group Limited, formerly known as Zurich Financial Services Limited, is based in Zurich, Switzerland. “

Zurich Insurance Group stock opened at $31.62 on Friday. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 0.38. Zurich Insurance Group has a 1-year low of $28.51 and a 1-year high of $34.00. The company has a market capitalization of $47.66 billion, a P/E ratio of 12.75 and a beta of 0.74.

About Zurich Insurance Group

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, and Non-Core Businesses segments.

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