Tryg A/S (OTCMKTS:TGVSF – Get Rating) has received an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $163.50.
A number of research firms recently weighed in on TGVSF. Barclays began coverage on shares of Tryg A/S in a research report on Wednesday, March 23rd. They issued an “overweight” rating on the stock. Credit Suisse Group lowered their price objective on shares of Tryg A/S from 164.00 to 157.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 5th. Morgan Stanley lifted their price objective on shares of Tryg A/S from 160.00 to 170.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 5th. Finally, HSBC upgraded shares of Tryg A/S from a “hold” rating to a “buy” rating in a research report on Monday, May 23rd.
Shares of TGVSF opened at $21.03 on Tuesday. The company’s 50 day simple moving average is $21.03 and its 200-day simple moving average is $21.98. Tryg A/S has a 12-month low of $21.03 and a 12-month high of $24.00.
Tryg A/S Company Profile (Get Rating)
Tryg A/S, together with its subsidiaries, provides insurance products and services for private and corporate customers, and small and medium sized businesses in Denmark, Norway, and Sweden. It operates through Private, Commercial, Corporate, and Sweden segments. The company provides car, contents, house, accident, travel, motorcycles, pet, health, property, liability, transportation, group life, and boat insurance products, as well as fire and content, and worker compensation insurance products.
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Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.