Swiss Re (OTCMKTS:SSREY) Raised to Strong-Buy at Berenberg Bank

Berenberg Bank upgraded shares of Swiss Re (OTCMKTS:SSREY) to a strong-buy rating in a research note released on Monday,Zacks.com reports.

A number of other brokerages have also commented on SSREY. The Goldman Sachs Group upgraded shares of Swiss Re to a “strong sell” rating in a report on Wednesday, September 18th. UBS Group raised Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research report on Monday.

Swiss Re Stock Performance

SSREY stock traded down $0.12 during midday trading on Monday, hitting $33.99. 34,330 shares of the company’s stock were exchanged, compared to its average volume of 21,769. Swiss Re has a one year low of $26.66 and a one year high of $35.01. The stock’s fifty day moving average price is $33.59 and its 200-day moving average price is $31.81.

Swiss Re Company Profile

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.