Swiss Re AG (OTCMKTS:SSREY) Given Average Rating of “Hold” by Brokerages

Swiss Re AG (OTCMKTS:SSREYGet Rating) has earned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $83.86.

A number of equities analysts have commented on the company. Credit Suisse Group reduced their price objective on Swiss Re from CHF 91 to CHF 87 and set an “outperform” rating on the stock in a research note on Wednesday, October 12th. UBS Group decreased their price objective on shares of Swiss Re from CHF 71 to CHF 68 and set a “sell” rating on the stock in a report on Tuesday, November 1st. Barclays dropped their target price on shares of Swiss Re from CHF 83 to CHF 79 and set an “equal weight” rating for the company in a research note on Thursday, October 13th. Morgan Stanley decreased their price target on shares of Swiss Re from CHF 78 to CHF 71 in a research note on Monday, November 7th. Finally, Societe Generale dropped their price objective on shares of Swiss Re from CHF 98 to CHF 87 in a research report on Monday, July 25th.

Swiss Re Price Performance

Shares of SSREY opened at $21.29 on Tuesday. Swiss Re has a one year low of $17.26 and a one year high of $27.75. The business’s 50 day simple moving average is $19.31 and its 200-day simple moving average is $19.46.

Swiss Re Company Profile

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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 Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.

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Analyst Recommendations for Swiss Re (OTCMKTS:SSREY)

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