Swiss Re AG (OTCMKTS:SSREY) Given Average Recommendation of “Buy” by Brokerages

Shares of Swiss Re AG (OTCMKTS:SSREY) have earned an average rating of “Buy” from the six brokerages that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.

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

Swiss Re Stock Down 0.1 %

SSREY stock opened at $38.61 on Tuesday. Swiss Re has a one year low of $26.66 and a one year high of $39.35. The firm’s 50 day moving average price is $36.88 and its 200-day moving average price is $34.26.

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.