
Zurich Insurance Group AG / Analyst ratings
Price targets
Analyst ratings
7 analysts rated this company in the past 90 days. The average target price is €590.18, this is a change of -2.0% compared to the current price.
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Jefferies raises target for Zurich to CHF 520 - 'Hold'
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies raised its price target for Zurich from CHF 445 to CHF 520, but maintained its "Hold" rating. Philip Kett wrote in his commentary released Tuesday that the insurer's valuation appears fundamentally appropriate. However, given the reassessment of its competitors over the course of the year, it no longer appears as out of step as it did a year ago./rob/ag/stk
Publication of the original study: September 22, 2025 / 3:15 p.m. / Time zone not specified in the study
First distribution of the original study: September 22, 2025 / 7:00 p.m. / Time zone not specified in the study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Zurich's 'Hold' rating - target CHF 445
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has maintained a "Hold" rating on Zurich with a price target of CHF 445. Using a monthly industry tracker, Philip Kett conducted an in-depth analysis of 24 insurance stocks on Friday, which includes sentiment indicators, valuations, consensus estimates for earnings, dividends, and changes in book values. The EMEA (Europe, Middle East, and Africa) sector performed weakly overall in August in terms of share prices, although there were some outliers./gl/mis
Publication of the original study: September 11, 2025 / 11:25 a.m. / ET. First distribution of the original study: September 11, 2025 / 7:00 p.m. / ET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers target for Zurich to 580 francs - 'Equal Weight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Zurich from CHF 585 to CHF 580 and maintained its rating at "Equal Weight." Earnings momentum in the property and casualty insurance sector is slowing across the industry, Claudia Gaspari wrote on Wednesday with a view to Europe's insurance companies. At the same time, profitability growth has likely peaked. Overall, the expert sees little potential on all fronts – valuation, earnings, and capital management. Among the industry giants, Axa remains its favorite./ag/mis
Publication of the original study: September 3, 2025 / 8:00 PM / GMT
First distribution of the original study: September 4, 2025 / 3:00 AM / GMT
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Zurich to 500 francs - 'Underweight'
NEW YORK (dpa-AFX Analyst) - Following the first-half results, US bank JPMorgan raised its price target for Zurich from CHF 490 to CHF 500, but maintained its rating at "Underweight." Kamran M Hossain raised his estimate for the financial group's 2025 operating profit by four percent in a study released Tuesday. The expert also raised its forecasts for the years 2026 to 2028 by one to two percent./rob/bek/nas
Publication of the original study: September 2, 2025 / 1:37 PM / BST
First distribution of the original study: September 2, 2025 / 1:37 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Zurich's 'Hold' rating - target CHF 445
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has maintained its "Hold" rating for Zurich with a price target of CHF 445. The insurance sector performed well last month, wrote Philip Kett in an industry report released Monday. Looking at individual stocks, the British Just Group stood out, followed by Hiscox and Generali. However, Scor and Munich Re were among the stocks that were unable to follow suit, posting slight price losses. Reinsurance stocks performed relatively weakly, while life insurance stocks showed the strongest trend./tih/bek
Publication of the original study: August 11, 2025 / 6:43 a.m. / ET
First distribution of the original study: August 11, 2025 / 6:43 a.m. / ET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Zurich's 'Sell' rating - target CHF 515
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Zurich at "sell" after the company's earnings release, with a price target of CHF 515. Analyst Will Hardcastle, in a quick assessment released Thursday, cited strong figures from the insurer. He also called the comments on Farmers positive. For the remainder of the year, mid- to high-single-digit percentage growth in the subsidiary's gross premiums written is now expected./rob/ck/mis
Publication of the original study: August 7, 2025 / 6:08 a.m. / GMT
First distribution of the original study: August 7, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays raises target for Zurich to 585 francs - 'Equal Weight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays raised its price target for Zurich from 580 to 585 francs, but maintained its rating at "Equal Weight." Leaving aside currency movements, the second quarter was a relatively good one for the insurer in terms of losses and markets, wrote Claudia Gaspari in her outlook published on Wednesday. The weakness of the dollar is only partially eroding business momentum./ag/la
Publication of the original study: July 15, 2025 / 11:54 AM / GMT
First distribution of the original study: July 16, 2025 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS lowers target for Zurich to 515 francs - 'Sell'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Zurich from 535 to 515 francs and left the rating at "sell." Small differences could have a big impact from now on, wrote Will Hardcastle in his analysis of the European insurance industry published on Tuesday. His favorite among the multi-line insurers remains Axa, while he rates Zurich as the weakest. He sees significant risks to market expectations regarding the Swiss margin over the next two years./ag/ck
Publication of the original study: July 14, 2025 / 4:27 p.m. / GMT
First distribution of the original study: July 15, 2025 / Time not specified in the study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 490
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "Underweight" with a price target of CHF 490. He has updated his estimates for the insurer, Kamran M Hossain wrote in an outlook on the upcoming half-year results published on Monday./rob/la/he
Publication of the original study: July 14, 2025 / 3:14 p.m. / BST First distribution of the original study: July 14, 2025 / 3:14 p.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Zurich's 'Sell' rating
ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained a "sell" rating on Zurich after an in-house industry event, with a price target of CHF 535. Investors at the Swiss insurer have been focused on margin development in light of declining prices for large corporate risks, Will Hardcastle wrote on Thursday. Maintaining margins in this area is apparently a challenge.
Publication of the original study: July 10, 2025 / 2:13 p.m. / GMT First distribution of the original study: July 10, 2025 / 2:13 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Zurich's 'Buy' rating - target CHF 642
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its rating for Zurich at "Buy" following an industry meeting with investors, with a price target of CHF 642. Despite ongoing geopolitical uncertainties and their potential impact on the markets, insurers generally expressed confidence that they will be able to achieve their targets this year, wrote Michael Christodoulou in his industry commentary published on Monday. The focus is primarily on price discipline, which enables companies to maintain attractive capital distributions./tih/ag
Publication of the original study: July 5, 2025 / 2:48 PM / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers Zurich to 'Sell' - target down to 542 francs
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has downgraded Zurich from "Neutral" to "Sell" and lowered its price target from CHF 562 to CHF 542. Following their generally strong performance, Andrew Baker now divides European insurance stocks into cheap, medium, and expensive in his valuation analysis on Wednesday. Zurich shares belong to the latter group. This is where its selection criteria are most stringent./ag/bek
Publication of the original study: July 2, 2025 / 5:10 a.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers Zurich to 'Equal Weight' - target at 580 francs
LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Zurich shares from 595 to 580 Swiss francs and downgraded the stock from "Overweight" to "Equal Weight." The weak dollar is not exactly beneficial when US cash inflows cover about 60 percent of distributions to investors, Claudia Gaspari wrote in her reassessment of the sector on Wednesday. The remaining upside to their price target is minimal./ag/ajx
Publication of the original study: June 11, 2025 / 2:30 PM / GMT
First distribution of the original study: June 11, 2025 / 3:50 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Zurich's 'Buy' rating - target CHF 642
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained a "buy" rating on Zurich with a price target of CHF 642. At in-house marketing events in Luxembourg and Germany, the two most important questions were whether European insurer stocks could rise further and whether the risks for cyber insurance could be reliably quantified, wrote Michael Huttner in an industry assessment published Wednesday. He answered both questions positively. Among the composite insurers, Allianz and Axa are his favorites. Beazley and the life insurer NN Group from Great Britain are also joining the list following the presentation of their strategic plan for 2025 to 2028. Most investors, however, are more interested in quality companies with sustained earnings and dividend growth – in addition to Allianz and AXA, these include Munich Re, Hannover Re, Generali, and Talanx./gl/ag
Publication of the original study: June 10, 2025 / 3:37 p.m. / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank Research raises target for Zurich - 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Zurich from CHF 560 to CHF 570, but maintained its "Hold" rating. Rhea Shah remains sceptical about the European insurance industry, according to the reassessment released Friday. The sector remains attractive, given its growth and dividend potential, even after the above-average performance so far this year. However, Zurich shares are fairly valued./ag/ajx
Publication of the original study: June 6, 2025 / Time not specified in the study / GMT
First distribution of the original study: June 6, 2025 / 4:03 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Zurich's 'Sell' rating - target CHF 535
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "sell" rating on Zurich with a price target of CHF 535. Data on the insurer's reserves show that the trend of deterioration in the liability lines appears to be over, Will Hardcastle wrote in a study released Friday. In general, the provisions should help the Swiss company offset a potential deterioration in margins in the corporate insurance sector./rob/gl/edh
Publication of the original study: May 15, 2025 / 4:20 p.m. / GMT. First distribution of the original study: May 16, 2025 / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Zurich to 562 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has lowered its price target for Zurich from 581 to 562 francs and left its rating at "Neutral." Andrew Baker adjusted his estimates on Monday in line with the insurer's latest interim report./ag/la
Publication of the original study: May 12, 2025 / 2:55 a.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg raises target for Zurich to 642 francs - 'Buy'
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has raised its price target for Zurich from CHF 602 to CHF 642 and maintained its "Buy" rating. The recently published quarterly figures underpin the insurer's confidence in achieving its targeted growth rates through 2027, wrote Michael Huttner in a review of the report released Friday. Regarding the new price target, he pointed to the increased valuation for Farmers and the postponed valuation period for the stock./rob/gl/ajx
Publication of the original study: May 8, 2025 / 4:08 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 490
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "underweight" with a price target of CHF 490. The first-quarter figures reflect a slowdown in the insurer's business, wrote analyst Kamran Hossain in a study released Thursday. He now expects consensus estimates to decline slightly./rob/bek/la
Publication of the original study: May 8, 2025 / 7:02 AM / BST
First distribution of the original study: May 8, 2025 / 7:02 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Zurich's 'Hold' rating - target CHF 445
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Zurich at "Hold" with a price target of CHF 445. The group has experienced strong growth in life insurance, wrote Philip Kett in a study released Thursday. A wide range of products and sales regions have driven this growth./rob/bek/la
Publication of the original study: May 8, 2025 / 2:01 a.m. / ET
First distribution of the original study: May 8, 2025 / 2:01 a.m. / ET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank raises target for Zurich to 560 francs - 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Zurich from 545 to 560 francs and maintained its "Hold" rating. Analyst Rhea Shah wrote in a report released Tuesday that it updated its forecasts for the Swiss insurer ahead of its first-quarter results. Specifically, it raised its forecasts for operating profit in US dollars for 2025 and 2026, as well as its forecasts for net profit in US dollars.
Publication of the original study: April 29, 2025 / Time not specified in the study / CEST
First distribution of the original study: April 29, 2025 / 8:01 a.m. / CEST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Zurich's 'Buy' rating - target CHF 602
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Zurich with a price target of CHF 602. The stock has lagged behind the European insurance sector since the beginning of the year, analyst Michael Huttner wrote in a study released Wednesday. This is likely due to the comparatively large share of business in the US market, where damage related to inflation and tariffs is threatened./bek/ajx
Publication of the original study: April 15, 2025 / 4:51 PM / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Zurich to 581 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Zurich from 599 to 581 francs ahead of first-quarter results and left the rating at "neutral." The adjustment is primarily due to exchange rates, analyst Andrew Baker wrote in a preview released Friday. In addition, he slightly reduced his assumptions for property and casualty insurance earnings./la/gl
Publication of the original study: April 10, 2025 / 5:09 p.m. / BST First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 490
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "underweight" with a price target of CHF 490. Analyst Kamran Hossain is now incorporating his estimates for the key first-quarter metrics into his valuation model. His estimates for the full years 2025 to 2028 remain unchanged, he wrote on Thursday./ajx/men
Publication of the original study: April 10, 2025 / 3:03 p.m. / GMT First distribution of the original study: April 10, 2025 / 3:03 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers target for Zurich to 595 francs - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Zurich from 610 to 595 Swiss francs, but maintained its rating at "overweight." In her reassessment published Thursday, analyst Claudia Gaspari expects the European insurance industry to outperform the overall market due to its defensive qualities. These are in high demand in a risk-averse environment with its economic and geopolitical risks. It does not see dividends at risk, and yields are still clearly higher than those on government bonds./ag/gl
Publication of the original study: April 9, 2025 / 10:02 PM / GMT. First distribution of the original study: April 10, 2025 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 490
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "Underweight" with a price target of CHF 490. The immediate impact of the tariffs announced by US President Trump on "Liberation Day" is virtually zero for the European insurance sector, wrote analyst Kamran Hossain in a study published Thursday. However, the medium-term effects of the market movements will take center stage. The impact of the more challenging macroeconomic conditions on earnings is likely to be limited, and balance sheets should remain solid. He therefore remains optimistic about companies such as Hannover Re, Swiss Re, and Axa./ck/bek
Publication of the original study: April 9, 2025 / 6:07 PM / BST
First distribution of the original study: April 10, 2025 / 12:15 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman raises target for Zurich to 599 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Zurich from 580 to 599 francs, but maintained its rating at "Neutral." In his industry assessment published Wednesday, analyst Andrew Baker, like others, assigns the Swiss company a higher valuation standard.
Publication of the original study: April 2, 2025 / 5:31 a.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Zurich's 'Sell' rating - target CHF 535
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Zurich at "sell" with a price target of CHF 535. Analyst Will Hardcastle now prefers life insurers to non-life stocks within the European insurance sector. His preferred stocks are Prudential, Aviva, AXA, Swiss Re, and Beazley, he wrote in an industry study released Monday./edh/gl
Publication of the original study: March 31, 2025 / 1:40 a.m. / GMT First distribution of the original study: March 31, 2025 / 1:40 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS raises target for Zurich to 535 francs - 'Sell'
ZURICH (dpa-AFX Analyser) - The Swiss major bank UBS has raised its price target for Zurich from 515 to 535 francs and left the rating at "Sell". Although the Swiss insurer presented strong annual figures and fundamental concerns have subsided, the stock is already highly valued, wrote analyst Will Hardcastle in a study released Monday./ck/bek
Publication of the original study: February 24, 2025 / 12:19 / GMT
First distribution of the original study: February 24, 2025 / 12:19 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Zurich to 490 francs - 'Underweight'
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Zurich from 470 to 490 Swiss francs and maintained its "underweight" rating. Analyst Kamran Hossain raised his estimates for the insurer on Friday following its annual results. However, given Zurich's current valuation, he sees a more attractive risk/reward ratio for other stocks./ajx/he
Publication of the original study: February 21, 2025 / 3:41 PM / GMT. First distribution of the original study: February 21, 2025 / 3:54 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains Zurich on 'Hold' - target 545 francs
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Zurich at "Hold" after its annual results, with a price target of CHF 545. The insurer's key figures were slightly better than expected, wrote analyst Rhea Shah in a study published Friday./edh/mis
Publication of the original study: February 21, 2025 / Time not specified in study / CET
First distribution of the original study: February 21, 2025 / 8:05 a.m. / CET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman lowers target for Zurich to 580 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs lowered its price target for Zurich from 596 to 580 Swiss francs and maintained its rating at "neutral." Analyst Andrew Baker updated his estimates in a study released Friday following the insurer's annual results. Due to higher financial expenses, lower profits from farmer reinsurance, and a higher number of shares, it reduced its estimates for operating profit (BOP) through 2028./tih/la
Publication of the original study: February 20, 2025 / 9:29 PM / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Zurich's 'Sell' rating - target CHF 515
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Zurich at "sell" with a price target of CHF 515. The insurer delivered robust operating figures, wrote analyst Will Hardcastle in a report released Thursday. He believes that the dispelling of concerns regarding wildfire liabilities should have a slightly positive effect. However, this is offset by a lack of share buybacks./tih/edh
Publication of the original study: February 20, 2025 / 7:15 a.m. / GMT
First distribution of the original study: February 20, 2025 / 7:15 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman leaves Zurich at 'Neutral' - Target 596 francs
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its rating for Zurich at "Neutral" with a price target of CHF 596 following its half-year results. Analyst Andrew Baker, in a report released Thursday, described the insurer as having "relatively sound financial figures." The outlook has not changed significantly compared to the statements made at the capital markets day in November. However, the statements regarding losses from forest fires and exceeded expectations regarding risk-bearing capacity are supportive./tih/la
Publication of the original study: February 20, 2025 / 7:00 a.m. / GMT First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 470
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "underweight" with a price target of CHF 470 following preliminary annual figures. The insurer's key figures largely matched consensus estimates, wrote analyst Kamran Hossain in an initial reaction released Thursday. The SST ratio, based on the Swiss Solvency Test, was much higher than expected./edh/tih
Publication of the original study: February 20, 2025 / 6:51 a.m. / GMT
First distribution of the original study: February 20, 2025 / 7:09 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman leaves Zurich at 'Neutral' - Target 596 francs
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its rating for Zurich at "Neutral" ahead of second-half results, with a price target of CHF 596. His forecast for the insurer's operating profit (BOP) is 5 percent above the consensus estimate, analyst Andrew Baker wrote in his outlook published Wednesday./edh/ag
Publication of the original study: January 28, 2025 / 5:17 p.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Zurich's 'Buy' rating - target CHF 602
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Zurich with a price target of CHF 602. The US insurer Travelers' final-quarter figures sent positive signals for Zurich, wrote analyst Michael Huttner in a study released Friday./mis/nas
Publication of the original study: January 23, 2025 / 5:15 p.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 470
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "Underweight" with a price target of CHF 470. Ahead of the insurer's annual results, analyst Kamran Hossain made only minor changes to his estimates in an assessment published on Tuesday./ajx/he
Publication of the original study: January 21, 2025 / 1:16 p.m. / GMT First distribution of the original study: January 21, 2025 / 1:16 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Zurich's 'Hold' rating - target CHF 445
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Hold" rating for Zurich with a price target of CHF 445. Shares in the EMEA (Europe, Middle East, and Africa) insurance sector performed weakly in December, wrote analyst Philip Kett in a sector report released Wednesday. Regarding consensus expectations regarding insurers' fundamentals, earnings per share expectations have risen for Generali and fallen for Zurich./ck/jha/
Publication of the original study: January 14, 2025 / 10:20 a.m. / ET
First distribution of the original study: January 14, 2025 / 7:00 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Zurich's 'Buy' rating - target CHF 602
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Zurich with a price target of CHF 602. The share prices of insurers Zurich, Scor, and Conduit Re have recently suffered excessively from the California wildfires, analyst Michael Huttner wrote in a study published Wednesday. Now is the time to buy. Zurich is only moderately affected by the losses incurred there, while its US subsidiary Farmers, which is no longer included on the balance sheet, is likely to benefit from rising insurance prices./bek/nas
Publication of the original study: January 14, 2025 / 4:50 p.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS lowers Zurich to 'Sell' - target down to 515 francs
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has downgraded Zurich from "Neutral" to "Sell" and lowered its price target from CHF 532 to CHF 515. The valuation is high, both by its own historical standards and compared to the European insurance sector, analyst Will Hardcastle wrote on Wednesday evening. He sees risks of correction here, as the ambitious targets are already reflected in the estimates and there is little scope for additional distributions./ag/ajx
Publication of the original study: December 18, 2024 / 9:15 p.m. / GMT
First distribution of the original study: December 19, 2024 / Time not specified in the study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank Research raises target for Zurich - 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Zurich from 445 to 520 Swiss francs, but maintained its "Hold" rating. The period of rising expectations for net interest income, which has brought higher returns to owners of European bank stocks than to insurers since the beginning of the year, should soon be over, wrote analyst Rhea Shah in an industry outlook published Thursday. The latter are likely to perform comparatively better in 2025. The insurers' stocks are also supported by their robust balance sheets and focus on diversified growth./gl/ag
Publication of the original study: December 5, 2024 / 8:20 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Zurich to 470 francs - 'Underweight'
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Zurich from 440 to 470 Swiss francs, but maintained its rating at "underweight." Rising earnings estimates and stability in uncertain times make analyst Farooq Hanif optimistic for 2025 for the European insurance sector, which has already performed so well this year. According to his outlook released Wednesday, his favorite life insurers are Aegon, Ageas, and ASR. In the property/casualty sector, he has the most confidence in Beazley, Hannover Re, and Swiss Re./ag/nas
Publication of the original study: December 3, 2024 / 7:58 PM / GMT
First distribution of the original study: December 4, 2024 / 12:15 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman raises target for Zurich to 582 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Zurich from 541 to 582 francs, but maintained its rating at "Neutral." Analyst Andrew Baker adjusted his estimates on Monday afternoon in light of the Swiss firm's recent investor day./ag/gl
Publication of the original study: November 25, 2024 / 2:33 p.m. / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS raises target for Zurich to 532 francs - 'Neutral'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for Zurich from CHF 475 to CHF 532, but maintained its rating at "Neutral." The insurer's shares have performed positively since the most recent capital markets day, which is an appropriate response given the company's earnings (EPS) targets for the next three years, analyst Will Hardcastle wrote in a report released Tuesday. He raised his EPS forecasts for 2025 and 2026 by 4 percent and 6 percent, respectively./edh/gl
Publication of the original study: November 25, 2024 / 11:08 PM / GMT. First distribution of the original study: November 25, 2024 / 11:08 PM / GMT.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank Research leaves Zurich on 'Hold' - Target 445 francs
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Zurich at "Hold" with a price target of CHF 445. The new three-year plan is more ambitious than expected, analyst Rhea Shah wrote on Friday./ag/he
Publication of the original study: November 21, 2024 / Time not specified in the study / CET
First distribution of the original study: November 22, 2024 / 07:57 / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 440
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "Underweight" with a price target of CHF 440. The market consensus is likely to rise in light of the new targets, analyst Kamran Hossain wrote on Thursday at the Investor Day./ag/la
Publication of the original study: November 21, 2024 / 7:19 a.m. / GMT
First distribution of the original study: November 21, 2024 / 7:19 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman leaves Zurich at 'Neutral' - Target 541 francs
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has maintained its rating for Zurich at "Neutral" with a price target of CHF 541. Earnings forecasts are likely to improve slightly, analyst Andrew Baker wrote Thursday morning in light of new financial targets. However, some investors may be concerned that capital distributions play a lesser role in the plans./ag/mis
Publication of the original study: November 21, 2024 / 7:18 a.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays raises target for Zurich to 565 francs - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Zurich from 540 to 565 Swiss francs and maintained its rating at "Overweight." The European insurance industry remains a source of attractive returns, underpinned by predictable profits, strong balance sheets, and sustainable distributions, wrote analyst Claudia Gaspari in her 2025 outlook published on Monday. She emphasized how comparatively stable insurers' results are in the adverse environment. Their key recommendations are Axa, Beazley, and Legal & General./ag/ajx
Publication of the original study: November 15, 2024 / 10:23 PM / GMT
First distribution of the original study: November 18, 2024 / 4:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 440
NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has left Zurich's rating at "underweight" with a price target of 440 francs ahead of an investor day on Thursday. In a study released Monday, analyst Kamran Hossain expects targets for the years 2025 to 2027. The insurer has recently achieved above-average profit growth compared to the industry, but this is more than reflected in the share price./tih/zb
Publication of the original study: November 15, 2024 / 8:25 p.m. / GMT
First distribution of the original study: November 18, 2024 / 12:15 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman raises target for Zurich to 541 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Zurich from 527 to 541 francs, but left its rating at "Neutral." Analyst Andrew Baker adjusted his earnings estimates on Friday afternoon to reflect the quarterly results.
Publication of the original study: November 8, 2024 / 1:58 p.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank Research maintains Zurich's 'Hold' rating
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Hold" rating on Zurich with a price target of CHF 445. The insurer reported encouraging business performance in the first nine months of the year, wrote analyst Rhea Shah in her commentary published Friday.
Publication of the original study: November 8, 2024 / 8:30 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Zurich's 'Hold' rating - target CHF 445
NEW YORK (dpa-AFX Analyst) - Following a conference call on the company's third-quarter results, analyst Jefferies maintained its rating for Zurich at "Hold" with a price target of CHF 445. The insurer's business trends in the first half of the year continued into the third quarter, analyst Philip Kett wrote in a study released Thursday./edh/ajx
Publication of the original study: November 7, 2024 / 9:07 a.m. / ET
First distribution of the original study: November 7, 2024 / 9:07 a.m. / ET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Zurich's 'Underweight' rating - target CHF 440
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Zurich at "underweight" with a price target of CHF 440. Analyst Kamran Hossain wrote Thursday morning after the results, "The Swiss company delivered a solid performance." They remain well on track to exceed their targets. According to Hossain, the shares are significantly more expensive than the industry in terms of price-to-book value./ag/gl
Publication of the original study: November 7, 2024 / 7:14 a.m. / GMT First distribution of the original study: November 7, 2024 / 7:20 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS leaves Zurich at 'Neutral' - Target 475 francs
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Zurich at "Neutral" after its nine-month results, with a price target of CHF 475. In a quick assessment released Thursday, analyst Will Hardcastle highlighted the positive trends in the insurer's financial strength and the profit generated by its subsidiary Farmers Group, which he said increases capital flexibility. However, revenue in the property and casualty insurance segment did not increase as significantly as he had expected./ck/gl
Publication of the original study: November 7, 2024 / 7:14 a.m. / GMT First distribution of the original study: November 7, 2024 / 7:14 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman raises target for Zurich to 527 francs - 'Neutral'
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs raised its price target for Zurich from 522 to 527 Swiss francs, but maintained its rating at "Neutral." Ahead of the insurer's quarterly results, analyst Andrew Baker wrote in his outlook published Friday that he had adjusted his valuation model to reflect recent industry developments. However, its earnings forecasts for the years 2024 to 2028 remained largely unchanged./edh/ag
Publication of the original study: October 3, 2024 / 4:17 p.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays maintains Zurich's 'Overweight' rating - target CHF 535
LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for Zurich at "overweight" with a price target of CHF 535 after meetings with managers from 15 insurance groups and 40 investors. Interest in European insurers remains high as investors reduce their exposure to European banks, analyst Claudia Gaspari wrote in her industry commentary released Thursday. Investor positioning remains unchanged: Large, broadly positioned corporations are in demand, while interest in medium-sized monoliners continues to decline./tih/ag
Publication of the original study: September 18, 2024 / 7:56 PM / GMT
First distribution of the original study: September 19, 2024 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays maintains Zurich's 'Overweight' rating - target CHF 535
LONDON (dpa-AFX Analyst) - British investment bank Barclays has maintained its rating for Zurich at "overweight" with a price target of CHF 535 after meetings with managers from 15 insurance groups and 40 investors. Interest in European insurers remains high as investors reduce their exposure to European banks, analyst Claudia Gaspari wrote in her industry commentary released Thursday. Investor positioning remains unchanged: Large, broadly positioned corporations are in demand, while interest in medium-sized monoliners continues to decline./tih/ag
Publication of the original study: September 18, 2024 / 7:56 PM / GMT
First distribution of the original study: September 19, 2024 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Goldman starts Zurich with 'Neutral' - target 522 francs
NEW YORK (dpa-AFX Analyst) - US investment bank Goldman Sachs has added Zurich to its rating with a "neutral" rating and a price target of CHF 522. European multi-line insurers like Zurich offer diversified earnings both geographically and by business line, analyst Andrew Baker wrote in an industry report released Wednesday. In an overall economic environment where a decline in key interest rates is expected and 10-year yields remain largely stable, this positioning also offers some downside protection. However, at Zurich, he finds it difficult to find price drivers for a re-rating of the shares. The market is already very optimistic./la/tih
Publication of the original study: September 18, 2024 / 3:30 a.m. / BST
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays raises target for Zurich to 535 francs - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Zurich from 520 to 535 Swiss francs and maintained its rating at "Overweight." "The glass is still half full," analyst Claudia Gaspari said optimistically about the European insurance sector in an industry report released Wednesday. Insurers continued to deliver stable earnings and attractive returns, while the first half of the year so far has been less than exciting, but the overall balance sheet has been positive. Axa and Munich Re were named preferred sector stocks./tih/ajx
Publication of the original study: September 3, 2024 / 10:40 PM / GMT
First distribution of the original study: September 4, 2024 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.