Swiss Re AG (OTCMKTS:SSREY) Receives Average Recommendation of “Buy” from Analysts

Shares of Swiss Re AG (OTCMKTS:SSREY) have been assigned a consensus rating of “Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

Several brokerages have recently weighed in on SSREY. Hsbc Global Res downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 18th. Keefe, Bruyette & Woods upgraded shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, November 20th. The Goldman Sachs Group upgraded shares of Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. Finally, Berenberg Bank upgraded Swiss Re to a “strong-buy” rating in a report on Monday, November 11th.

Swiss Re Trading Up 2.5 %

Shares of Swiss Re stock opened at $39.11 on Tuesday. Swiss Re has a fifty-two week low of $26.66 and a fifty-two week high of $39.35. The firm has a 50-day simple moving average of $36.68 and a two-hundred day simple moving average of $34.12.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.