Swiss Re AG (OTCMKTS:SSREY) Receives Consensus Rating of “Buy” from Analysts

Shares of Swiss Re AG (OTCMKTS:SSREY) have been given an average rating of “Buy” by the six research firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

Several brokerages have recently issued reports on SSREY. Berenberg Bank upgraded shares of Swiss Re to a “strong-buy” rating in a report on Monday, November 11th. The Goldman Sachs Group upgraded shares of Swiss Re from a “strong sell” rating to a “hold” rating in a report on Friday, December 13th. Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a report on Monday, November 18th. UBS Group upgraded shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, Hsbc Global Res cut shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd.

Swiss Re Stock Performance

Shares of Swiss Re stock opened at $38.32 on Friday. Swiss Re has a 52-week low of $26.66 and a 52-week high of $39.95. The company’s 50 day moving average price is $37.59 and its 200-day moving average price is $35.23.

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.