Tokio Marine Holdings Inc (TKOMY) Stock Rating Lowered by Zacks Investment Research
Tokio Marine Holdings Inc (NASDAQ:TKOMY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.
According to Zacks, “TOKIO MARINE HOLDINGS INC., formerly known as Millea Holdings, Inc., headquartered in Tokyo, is a Japan-based holding company. Through its subsidiaries and associated companies, the Company is engaged in the non-life insurance, life insurance and asset management businesses. The Company is also engaged in the security investment consultation, investment trust management, derivative, temporary staffing and real estate management businesses. This company became Japan’s first publicly owned holding company that completely integrated life and non-life insurance operations. Their objective is to become one of the world’s preeminent insurance groups within the next 10 years. “
Tokio Marine Holdings (TKOMY) opened at 39.97 on Wednesday. Tokio Marine Holdings has a 12 month low of $37.40 and a 12 month high of $47.16. The stock’s 50 day moving average price is $41.49 and its 200-day moving average price is $42.71. The stock has a market cap of $29.96 billion and a PE ratio of 12.51.
ILLEGAL ACTIVITY NOTICE: “Tokio Marine Holdings Inc (TKOMY) Stock Rating Lowered by Zacks Investment Research” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another site, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/09/01/tokio-marine-holdings-inc-tkomy-stock-rating-lowered-by-zacks-investment-research.html.
About Tokio Marine Holdings
Tokio Marine Holdings, Inc is a holding company. The Company operates in four segments: Domestic property and casualty insurance, Domestic life insurance, Overseas insurance, and Finance and others. The Domestic property and casualty insurance segment comprises underwriting property and casualty insurance in Japan and related investments.
Receive News & Stock Ratings for Tokio Marine Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tokio Marine Holdings Inc and related stocks with our FREE daily email newsletter.