Swiss Re AG (OTCMKTS:SSREY) Receives Average Rating of “Buy” from Brokerages

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

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

Swiss Re Price Performance

Shares of OTCMKTS SSREY opened at $38.71 on Tuesday. The stock has a 50 day moving average price of $36.99 and a 200 day moving average price of $34.35. Swiss Re has a 52 week low of $26.66 and a 52 week high of $39.35.

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.