SCOR: Deutsche Bank still a buyer
(CercleFinance.com) - In a sector report, Deutsche Bank has confirmed its buy rating on the share of the French reinsurer SCOR, for which it has a target price of 41 euros (upside of nearly 10%).
It is also analysts' best pick in this segment.
Although SCOR's balance sheet is not considered as strong as those of its peers, it nevertheless stands out thanks to its growth outlook and profitability. This is despite the fact that the "deal" with Covea has not materialised.
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