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

Shares of Swiss Re AG (OTCMKTS:SSREY) have earned a consensus rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

Several analysts have commented on the stock. Citigroup reissued a “buy” rating on shares of Swiss Re in a research report on Tuesday, May 20th. Barclays lowered shares of Swiss Re from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 12th. Finally, BNP Paribas lowered shares of Swiss Re from a “hold” rating to a “strong sell” rating in a research report on Monday, June 2nd.

Swiss Re Stock Down 1.0%

OTCMKTS:SSREY opened at $41.57 on Tuesday. Swiss Re has a 1-year low of $29.00 and a 1-year high of $46.89. The company has a 50-day moving average of $44.02 and a 200 day moving average of $40.69.

Swiss Re Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 24th. Investors of record on Wednesday, April 16th were issued a $1.1544 dividend. The ex-dividend date was Wednesday, April 16th. This is an increase from Swiss Re’s previous dividend of $1.00.

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.