In a report released today, Edward Morris from J.P. Morgan maintained a Buy rating on Zurich Insurance Group (ZFSVF), with a price target of CHF370.00. The company’s shares closed last Wednesday at $378.60.
Morris has an average return of 6.2% when recommending Zurich Insurance Group.
According to TipRanks.com, Morris is ranked #2851 out of 7079 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zurich Insurance Group with a $414.87 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $447.60 and a one-year low of $259.50. Currently, Zurich Insurance Group has an average volume of 456.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zurich Insurance Group AG is a holding company, which engages in the provision of insurance products and related services. It operates through the following segments: Property and Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses. The Property and Casualty Regions segment provides motor, home and commercial products and services for individuals, as well as small and large businesses on both a local and global basis. The Life Regions segment refers to the comprehensive range of life and health insurance products on both an individual and a group basis, including annuities, endowment and term insurance, unit-linked and investment-oriented products, as well as full private health, supplemental health and long-term care insurance. The Farmers segment includes non-claims administrative and management services to the Farmers Exchanges, which are owned by policyholders. The Group Functions and Operations segment comprises the Group´s Holding and Financing and Headquarters activities. The Non-Core Businesses segment includes insurance and reinsurance businesses that the Group does not consider core to its operations and that are therefore mostly managed to achieve a beneficial run-off. The company was founded in 1872 and is headquartered in Zurich, Switzerland.
