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

Swiss Re AG (OTCMKTS:SSREY) has received an average recommendation of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.

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

Swiss Re Stock Down 1.8 %

Shares of SSREY stock opened at $38.01 on Tuesday. The business’s fifty day moving average price is $36.99 and its 200 day moving average price is $34.40. Swiss Re has a 1-year low of $26.66 and a 1-year high of $39.35.

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.