Zurich Insurance Group (OTCMKTS:ZURVY) Downgraded by UBS Group to “Strong Sell”

UBS Group cut shares of Zurich Insurance Group (OTCMKTS:ZURVY) from a hold rating to a strong sell rating in a report released on Thursday,Zacks.com reports.

A number of other analysts have also commented on ZURVY. The Goldman Sachs Group raised shares of Zurich Insurance Group to a “hold” rating in a research note on Wednesday, September 18th. BNP Paribas cut shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.

Zurich Insurance Group Stock Performance

Shares of ZURVY traded down $0.10 during midday trading on Thursday, hitting $29.85. 147,489 shares of the stock traded hands, compared to its average volume of 105,523. Zurich Insurance Group has a 1-year low of $23.46 and a 1-year high of $32.04. The business’s 50 day moving average price is $30.44 and its two-hundred day moving average price is $39.29.

Zurich Insurance Group Company Profile

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, Group Functions and Operations, and Non-Core Businesses segments.