Swiss Re’s (SSREY) “Sell” Rating Reaffirmed at Morgan Stanley
Several other research analysts have also recently commented on the company. JPMorgan Chase & Co. reissued a buy rating on shares of Swiss Re in a research report on Thursday, October 13th. DZ Bank AG reissued a buy rating on shares of Swiss Re in a research report on Thursday, November 3rd. Societe Generale cut Swiss Re from a buy rating to a hold rating in a research report on Thursday, September 1st. Deutsche Bank AG reissued a buy rating on shares of Swiss Re in a research report on Friday, October 14th. Finally, Citigroup Inc. cut Swiss Re from a neutral rating to a sell rating in a research report on Thursday, August 18th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold.
Shares of Swiss Re (OTCMKTS:SSREY) opened at 22.71 on Monday. Swiss Re has a 52 week low of $20.10 and a 52 week high of $25.10. The company has a 50-day moving average price of $22.95 and a 200 day moving average price of $21.90. The firm has a market cap of $30.12 billion, a price-to-earnings ratio of 8.36 and a beta of 0.77.
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About Swiss Re
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company’s clients include insurance companies, mid- to large-sized corporations and public sector clients. Its segments include Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Admin Re.
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