Zurich Insurance Group (OTCMKTS:ZURVY) Sets New 52-Week High – Still a Buy?

Zurich Insurance Group AG (OTCMKTS:ZURVY)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $31.48 and last traded at $31.33, with a volume of 86653 shares changing hands. The stock had previously closed at $31.18.

Wall Street Analysts Forecast Growth

ZURVY has been the subject of a number of research analyst reports. BNP Paribas cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. The Goldman Sachs Group upgraded shares of Zurich Insurance Group to a “hold” rating in a report on Wednesday, September 18th.

Zurich Insurance Group Price Performance

The stock has a fifty day moving average price of $30.06 and a two-hundred day moving average price of $41.70.

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.