Swiss Re Ltd. (OTCMKTS:SSREY) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have been given an average recommendation of “Reduce” by the seven ratings firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company.

SSREY has been the topic of a number of recent analyst reports. DZ Bank downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 14th. Royal Bank Of Canada cut shares of Swiss Re from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th.

Swiss Re Stock Performance

Swiss Re stock opened at $43.71 on Tuesday. The company’s 50-day moving average is $45.82 and its 200-day moving average is $44.93. Swiss Re has a fifty-two week low of $35.39 and a fifty-two week high of $48.62.

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.