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

Swiss Re AG (OTCMKTS:SSREY) has earned a consensus rating of “Buy” from the six brokerages that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

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

Swiss Re Stock Performance

Shares of OTCMKTS:SSREY opened at $40.32 on Friday. Swiss Re has a 1-year low of $26.66 and a 1-year high of $40.64. The business has a fifty day moving average price of $37.74 and a 200-day moving average price of $35.46.

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.