Scor (OTCMKTS:SCRYY) Upgraded by Berenberg Bank to Strong-Buy

Scor (OTCMKTS:SCRYY) was upgraded by Berenberg Bank to a “strong-buy” rating in a note issued to investors on Friday, Zacks.com reports.

Scor Trading Down 8.3 %

OTCMKTS SCRYY opened at $2.10 on Friday. The stock’s 50-day moving average price is $2.09 and its two-hundred day moving average price is $2.64. The company has a market cap of $3.77 billion, a PE ratio of 4.88 and a beta of 1.30. Scor has a 1 year low of $1.82 and a 1 year high of $3.53.

Scor (OTCMKTS:SCRYY) last posted its quarterly earnings data on Tuesday, July 30th. The financial services provider reported ($0.19) earnings per share (EPS) for the quarter. The company had revenue of $4.40 billion for the quarter. Scor had a return on equity of 4.22% and a net margin of 1.23%. Research analysts forecast that Scor will post 0.12 EPS for the current fiscal year.

About Scor

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates in two segments, SCOR P&C and SCOR L&H. The SCOR P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental liability; and business ventures and partnerships.