SCOR, FR0010411983

Intesa Sanpaolo downgrades SCOR stock to Neutral

Published on 10/05/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SCOR stock costs EUR 31.76 on October 5, 2026 versus EUR 31.85, minus 0.28 percent. Net income was EUR 397 million in the first half of 2026.

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SCOR (ISIN FR0010411983) was trading at EUR 31.76 at Lang & Schwarz on October 5, 2026 at 10:13 a.m. CEST, with minus 0.28 percent versus the prior close of EUR 31.85. On September 9, 2026, Intesa Sanpaolo cut its view of SCOR from Buy to Neutral, as reported by MarketScreener. The rating change gives the stock a more cautious backdrop while the latest half-year figures show substantial earnings power.

Neutral rating meets a softer backdrop

The Intesa Sanpaolo change followed SCOR's second-quarter and half-year reporting cycle. The source identifies the shift from Buy to Neutral but does not state a new price target, keeping the rating itself as the clearest recent analyst signal.

SCOR's market capitalization stood at EUR 5.7 billion on October 5, 2026. At EUR 31.76, the stock was 10.03 percent below its EUR 35.30 52-week high and above the EUR 25.30 low, a range that places the current quote nearer the upper end than the lower end.

Half-year profit remains positive

SCOR reported EUR 171 million of net income in the second quarter of 2026 and EUR 397 million in the first half of 2026, according to the company's July 30, 2026 results release on its SCOR website. The first-half result gives the rating debate a concrete earnings anchor.

The counter-factor is operating momentum. Ideal Investor reported that insurance revenues fell 5.60 percent in the first half of 2026, while operating cash flow declined 40.50 percent to EUR 325 million. The combination of positive net income and weaker operating cash flow explains why a neutral rating can coexist with a share price close to its yearly high.

Stock stays below yearly high

The next scheduled reporting date is October 30, 2026, when SCOR is listed to publish third-quarter results, according to MarketScreener. That date gives investors a defined checkpoint for whether the first-half earnings profile can offset the reported revenue and cash-flow declines.

SCOR's reference quote was EUR 31.76 at Lang & Schwarz on October 5, 2026 at 10:13 a.m. CEST, versus the prior close of EUR 31.85 and with minus 0.28 percent on the session. The further course of trading is shown by the continuously updated real-time quote of SCOR stock.