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

Swiss Re AG (OTCMKTS:SSREY) has received an average rating of “Buy” from the six analysts that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a strong buy recommendation to the company.

A number of brokerages have recently commented on SSREY. UBS Group raised shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a report on Monday, November 11th. Citigroup raised shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 18th. Berenberg Bank upgraded shares of Swiss Re to a “strong-buy” rating in a research note on Monday, November 11th. 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. Finally, The Goldman Sachs Group upgraded shares of Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th.

Swiss Re Stock Performance

Shares of SSREY stock opened at $38.01 on Tuesday. The firm’s 50 day moving average is $36.99 and its 200 day moving average is $34.40. Swiss Re has a 12 month low of $26.66 and a 12 month high of $39.35.

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.