Morgan Stanley analyst Fulin Liang maintained a Buy rating on Zurich Insurance Group (ZFSVF) today. The company’s shares closed last Tuesday at $310.25.
According to TipRanks.com, Liang is ranked #3466 out of 6641 analysts.
Zurich Insurance Group has an analyst consensus of Moderate Buy, with a price target consensus of $382.67, representing a 29.7% upside. In a report issued on May 15, DZ BANK AG also upgraded the stock to Buy with a CHF330.00 price target.
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Zurich Insurance Group’s market cap is currently $45.94B and has a P/E ratio of 10.60. The company has a Price to Book ratio of 1.77.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZFSVF in relation to earlier this year.
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.
