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

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

Several analysts have recently commented on SSREY shares. Hsbc Global Res downgraded shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group upgraded shares of Swiss Re from a “strong sell” rating to a “hold” rating in a research note on Friday, December 13th. Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a research note on Monday, November 18th. UBS Group upgraded shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Keefe, Bruyette & Woods upgraded shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, November 20th.

Swiss Re Stock Down 0.3 %

SSREY stock opened at $40.10 on Friday. The firm’s fifty day simple moving average is $37.89 and its 200-day simple moving average is $35.57. Swiss Re has a 12 month low of $26.66 and a 12 month high of $40.80.

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.