Berenberg Bank Remains a Buy on Zurich Insurance Group (ZFSVF)

Berenberg Bank analyst Berenberg Bank maintained a Buy rating on Zurich Insurance Group (ZFSVFResearch Report) on February 13 and set a price target of CHF515.90. The company’s shares closed last Monday at $468.61.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zurich Insurance Group with a $516.64 average price target, which is a 5.9% upside from current levels. In a report issued on February 6, Morgan Stanley also upgraded the stock to Buy with a CHF525.00 price target.

See the top stocks recommended by analysts >>

Zurich Insurance Group’s market cap is currently $71.21B and has a P/E ratio of 13.38.

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.

Read More on ZFSVF:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More