Scor SE (OTCMKTS:SCRYY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Scor SE (OTCMKTS:SCRYY) have been given an average recommendation of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

SCRYY has been the subject of a number of recent research reports. Zacks Research cut Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of Scor in a research note on Thursday, May 7th. Citigroup reiterated a “buy” rating on shares of Scor in a research report on Thursday, May 7th. Finally, BNP Paribas Exane lowered Scor from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 17th.

Scor Stock Performance

Shares of Scor stock opened at $3.78 on Friday. The firm has a market cap of $6.78 billion, a P/E ratio of 6.63 and a beta of 0.59. The firm’s 50-day simple moving average is $3.69 and its 200-day simple moving average is $3.52. Scor has a twelve month low of $2.95 and a twelve month high of $4.04.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.58 billion. Scor had a net margin of 5.79% and a return on equity of 20.83%. On average, equities analysts forecast that Scor will post 0.49 earnings per share 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.