Swiss Re Ltd. (SSREY) Rating Increased to Hold at Zacks Investment Research
Swiss Re Ltd. (OTCMKTS:SSREY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday.
According to Zacks, “Swiss Reinsurance Company Ltd operates as a reinsurance company. The Company offers automobile, liability, accident, engineering, marine, aviation, life, and health insurance. It provides wholesale reinsurance products, insurance-based capital market instruments, and supplementary risk management services to Property & Casualty and Life & Health clients and brokers around the globe. Swiss Reinsurance Company Ltd headquartered in Zurich, Switzerland. “
Separately, Royal Bank Of Canada lowered shares of Swiss Re from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, September 20th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold”.
Shares of Swiss Re (OTCMKTS SSREY) opened at 22.545 on Tuesday. Swiss Re has a 1-year low of $21.53 and a 1-year high of $24.51. The company has a 50-day moving average price of $22.43 and a 200-day moving average price of $22.71. The company has a market cap of $29.01 billion, a PE ratio of 11.023 and a beta of 0.54.
About Swiss Re
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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