Brokers Offer Predictions for Zurich Insurance Group AG’s FY2018 Earnings (ZURVY)

Zurich Insurance Group AG (OTCMKTS:ZURVY) – Jefferies Group boosted their FY2018 earnings per share (EPS) estimates for Zurich Insurance Group in a report released on Wednesday. Jefferies Group analyst P. Kett now anticipates that the financial services provider will earn $2.51 per share for the year, up from their previous forecast of $2.46. Jefferies Group also issued estimates for Zurich Insurance Group’s FY2019 earnings at $2.88 EPS.

Several other brokerages have also recently weighed in on ZURVY. JPMorgan Chase & Co. cut Zurich Insurance Group from an “overweight” rating to a “neutral” rating in a report on Monday, November 27th. Deutsche Bank reaffirmed a “neutral” rating on shares of Zurich Insurance Group in a report on Monday, November 6th. DZ Bank reaffirmed a “neutral” rating on shares of Zurich Insurance Group in a report on Thursday, November 16th. Finally, Barclays cut Zurich Insurance Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold”.

Zurich Insurance Group (OTCMKTS:ZURVY) opened at $30.86 on Thursday. The firm has a market capitalization of $46,510.00, a price-to-earnings ratio of 14.98 and a beta of 1.13. Zurich Insurance Group has a fifty-two week low of $26.01 and a fifty-two week high of $30.89.

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About Zurich Insurance Group

Zurich Insurance Group AG is a holding company. The Company and its subsidiaries provide insurance products and related services. Its segments include General Insurance, Global Life, Farmers, Other Operating Businesses and Non-Core Businesses. The General Insurance segment provides a range of motor, home and commercial products and services for individuals, as well as small and large businesses.

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