Swiss Re Ltd. (OTCMKTS:SSREY) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have received a consensus rating of “Reduce” from the nine analysts that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating on the company.

SSREY has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded Swiss Re from a “hold” rating to a “sell” rating in a report on Wednesday, January 21st. UBS Group lowered shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Oddo Bhf cut shares of Swiss Re to a “neutral” rating in a report on Tuesday, December 9th. DZ Bank upgraded shares of Swiss Re from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Finally, Berenberg Bank lowered shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th.

Swiss Re Price Performance

OTCMKTS:SSREY opened at $39.89 on Wednesday. Swiss Re has a 12 month low of $37.56 and a 12 month high of $48.62. The business’s fifty day moving average price is $41.19 and its 200 day moving average price is $44.15.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.