Zurich Insurance Group AG Expected to Earn FY2021 Earnings of $2.97 Per Share (ZURVY)

Zurich Insurance Group AG (OTCMKTS:ZURVY) – Stock analysts at Jefferies Financial Group decreased their FY2021 earnings per share (EPS) estimates for shares of Zurich Insurance Group in a note issued to investors on Thursday, March 14th. Jefferies Financial Group analyst P. Kett now forecasts that the financial services provider will earn $2.97 per share for the year, down from their previous forecast of $3.00.

Several other equities research analysts have also recently weighed in on the stock. Zacks Investment Research upgraded shares of Zurich Insurance Group from a “hold” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research report on Saturday, February 2nd. JPMorgan Chase & Co. cut shares of Zurich Insurance Group from an “overweight” rating to a “neutral” rating in a research report on Thursday, December 6th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $36.00.

Shares of OTCMKTS ZURVY opened at $33.14 on Friday. Zurich Insurance Group has a 52-week low of $28.51 and a 52-week high of $33.60. The company has a market capitalization of $49.93 billion, a price-to-earnings ratio of 13.36 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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