FY2017 Earnings Forecast for Swiss Re Ltd. Issued By Jefferies Group (SSREY)
Swiss Re Ltd. (OTC:SSREY) – Investment analysts at Jefferies Group increased their FY2017 earnings per share (EPS) estimates for Swiss Re in a research report issued to clients and investors on Monday. Jefferies Group analyst P. Kett now anticipates that the company will earn $0.12 per share for the year, up from their prior estimate of ($0.15). Jefferies Group also issued estimates for Swiss Re’s FY2019 earnings at $2.05 EPS.
Several other research analysts have also issued reports on SSREY. Royal Bank Of Canada lowered shares of Swiss Re from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, September 20th. Goldman Sachs Group, Inc. (The) lowered shares of Swiss Re from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 31st.
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Swiss Re (OTC SSREY) traded down $0.06 during mid-day trading on Wednesday, reaching $23.28. The company had a trading volume of 18,881 shares, compared to its average volume of 34,617. Swiss Re has a 12-month low of $21.61 and a 12-month high of $24.51. The stock has a market cap of $33,616.32, a price-to-earnings ratio of 3.69 and a beta of 0.59.
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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