Swiss Re Ltd. (OTCMKTS:SSREY) Given Consensus Rating of “Reduce” by Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has been assigned a consensus rating of “Reduce” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have issued reports on SSREY. UBS Group cut shares of Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, Citigroup restated a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th.

Swiss Re Trading Up 1.8%

Shares of SSREY stock opened at $41.19 on Wednesday. The firm has a fifty day moving average price of $39.17 and a 200 day moving average price of $40.34. Swiss Re has a 12 month low of $36.01 and a 12 month high of $48.62. The company has a current ratio of 39.12, a quick ratio of 39.12 and a debt-to-equity ratio of 0.32.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.