Zurich Insurance: UBS adjusts target price

(CercleFinance.com) - UBS analysts believe that Zurich Insurance is well positioned to fight inflation.


"Liability conservatism upped to face challenges, Workers Comp concern overdone, plenty of buffers to support PYD forecasts", the broker says.

UBS confirms its buy rating on the stock, nudging up its target price to 526 Swiss francs (from 520 Swiss francs).


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