- Tryg’s second-quarter combined ratio reported at 76.8%, beating the estimate of 77.4%.
- Pretax profit reached DKK 2.13 billion, surpassing the estimated DKK 1.95 billion.
- Analyst recommendations include 17 buys, 1 hold, and no sell ratings.
A look at Tryg A/S Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tryg A/S, a company that offers general insurance services in Sweden, Denmark, and Norway, is positioned favorably for the long term according to Smartkarma Smart Scores. With a strong dividend score of 5, investors can expect attractive returns through regular dividend payments. Additionally, the company excels in momentum with a score of 4, indicating positive price trends that could continue in the future. While Tryg A/S scores moderately in value, growth, and resilience, the high dividend and momentum scores bode well for its overall outlook.
In the Nordic region, Tryg A/S stands out with its emphasis on guarantee insurances alongside its general insurance products. Supported by solid scores across dividend and momentum factors, the company showcases stability and potential growth prospects. Investors considering Tryg A/S for their portfolio may find the combination of consistent dividends and positive momentum a compelling proposition for long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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