Swiss Re (OTCMKTS:SSREY) Sets New 1-Year High – What’s Next?

Swiss Re AG (OTCMKTS:SSREY)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $36.08 and last traded at $35.87, with a volume of 22782 shares. The stock had previously closed at $35.69.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. The Goldman Sachs Group upgraded Swiss Re to a “strong sell” rating in a research report on Wednesday, September 18th. Berenberg Bank upgraded shares of Swiss Re to a “strong-buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods raised shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a report on Wednesday. UBS Group raised Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Citigroup raised Swiss Re to a “strong-buy” rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, Swiss Re currently has an average rating of “Buy”.

Swiss Re Price Performance

The stock’s 50-day moving average is $33.77 and its two-hundred day moving average is $32.14.

Swiss Re Company Profile

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.