Swiss Re Ltd. (SSREY) Given Average Rating of “Hold” by Brokerages
Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have been assigned an average rating of “Hold” from the eleven research firms that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company.
Several research firms recently issued reports on SSREY. Zacks Investment Research upgraded shares of Swiss Re from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th. Jefferies Group LLC upgraded shares of Swiss Re from an “underperform” rating to a “hold” rating in a research report on Friday, May 5th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Swiss Re in a research report on Thursday, April 20th.
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Shares of Swiss Re (OTCMKTS SSREY) opened at 22.99 on Friday. The firm’s 50-day moving average price is $23.54 and its 200-day moving average price is $22.85. The firm has a market capitalization of $29.58 billion, a P/E ratio of 11.24 and a beta of 0.53. Swiss Re has a 12-month low of $20.51 and a 12-month high of $24.51.
Swiss Re Company Profile
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
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