Swiss Re (OTCMKTS:SSREY) Stock Rating Upgraded by Berenberg Bank

Swiss Re (OTCMKTS:SSREY) was upgraded by equities researchers at Berenberg Bank to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

SSREY has been the topic of a number of other reports. The Goldman Sachs Group raised shares of Swiss Re to a “strong sell” rating in a research note on Wednesday, September 18th. UBS Group raised shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research note on Monday.

Swiss Re Stock Performance

Shares of OTCMKTS:SSREY traded down $0.12 on Monday, reaching $33.99. 34,330 shares of the company were exchanged, compared to its average volume of 21,769. Swiss Re has a 1-year low of $26.66 and a 1-year high of $35.01. The company has a 50-day moving average of $33.59 and a 200-day moving average of $31.81.

About Swiss Re

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.