Swiss Re AG (OTCMKTS:SSREY) Given Consensus Rating of “Buy” by Brokerages

Swiss Re AG (OTCMKTS:SSREY) has been given an average recommendation of “Buy” by the six analysts that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

Separately, Hsbc Global Res lowered shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd.

Swiss Re Stock Up 1.7 %

Shares of OTCMKTS SSREY opened at $44.35 on Friday. Swiss Re has a 1 year low of $26.66 and a 1 year high of $44.62. The stock’s 50-day simple moving average is $41.04 and its 200-day simple moving average is $37.50.

Swiss Re Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 24th. Investors of record on Wednesday, April 16th will be given a dividend of $1.1544 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This is an increase from Swiss Re’s previous dividend of $1.00.

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.