Zurich Insurance Group (ZURVY) Upgraded to "Hold" at Zacks Investment Research

Michele Limina | Bloomberg | Getty Images

Michele Limina | Bloomberg | Getty Images

Its Global Life segment offers life insurance, investments, savings and pensions solutions to worldwide and expatriate investors, corporate customers and private banks. Zurich Insurance Group Limited, formerly known as Zurich Financial Services Limited, is based in Zurich, Switzerland.

Several other equities analysts have also commented on the company. Credit Suisse Group set a CHF 365 target price on Zurich Insurance Group and gave the company a buy rating in a research report on Friday, January 26th. Goldman Sachs Group set a CHF 350 price target on Zurich Insurance Group and gave the stock a buy rating in a research report on Wednesday. The brokerage now has a neutral rating on the stock. Barclays downgraded shares of Zurich Insurance Group from an overweight rating to an equal weight rating in a research note on Monday, December 11th.

UBS Group set a CHF 315 price objective on Zurich Insurance Group (VTX:ZURN) in a research report report published on Thursday morning. The stock has a consensus rating of Hold and a consensus target price of CHF 321.63.

Zurich Insurance Group (ZURN) opened at CHF 300.50 on Thursday. Zurich Insurance Group has a 1 year low of CHF 262.10 and a 1 year high of CHF 321.80.

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Zurich Insurance Group AG is a holding company. The Company and its subsidiaries provide insurance products and related services.

The business noted that adverse large losses had an impact on the general insurance result but maintained that retention and new business had been "extremely positive across the year as the more straightforward and market-ready organisation has been embedded".

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