UBS downgrades Zurich Insurance Group to sell with reduced price target

Zurich Insurance Group has been downgraded by UBS from "Neutral" to "Sell," with a reduced price target of 515 Swiss francs, down from 532.

The reason for the downgrade is that the current valuation is considered high compared to historical data and the broader European insurance sector.

The report suggests that there are significant risks of a correction, as the estimates already include ambitious targets, leaving little room for further distributions.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings