Swiss Re AG (OTCMKTS:SSREY) Receives Average Rating of “Buy” from Brokerages

Shares of Swiss Re AG (OTCMKTS:SSREY) have been given a consensus rating of “Buy” by the six analysts that are currently covering the stock, 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.

A number of research analysts have issued reports on SSREY shares. Hsbc Global Res lowered shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group upgraded Swiss Re from a “strong sell” rating to a “hold” rating in a research note on Friday, December 13th.

Swiss Re Stock Performance

SSREY stock opened at $43.17 on Wednesday. Swiss Re has a 52 week low of $26.66 and a 52 week high of $43.52. The company’s 50-day simple moving average is $39.72 and its 200 day simple moving average is $36.62.

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.