Swiss Re (OTCMKTS:SSREY) Hits New 12-Month High – What’s Next?

Swiss Re AG (OTCMKTS:SSREY)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $37.87 and last traded at $37.22, with a volume of 16553 shares. The stock had previously closed at $37.42.

Analysts Set New Price Targets

Several analysts have issued reports on SSREY shares. Citigroup raised Swiss Re to a “strong-buy” rating in a report on Monday, November 18th. The Goldman Sachs Group upgraded shares of Swiss Re to a “strong sell” rating in a research note on Wednesday, September 18th. Berenberg Bank upgraded shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 11th. UBS Group upgraded shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, November 11th. Finally, Keefe, Bruyette & Woods upgraded Swiss Re from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Swiss Re presently has an average rating of “Buy”.

Swiss Re Stock Up 0.5 %

The stock has a fifty day moving average of $34.15 and a 200 day moving average of $32.60.

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.