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

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have been given a consensus recommendation of “Reduce” by the nine analysts that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms recently weighed in on SSREY. Oddo Bhf cut Swiss Re to a “neutral” rating in a report on Tuesday, December 9th. UBS Group downgraded shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. DZ Bank upgraded shares of Swiss Re from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. The Goldman Sachs Group downgraded shares of Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st. Finally, Berenberg Bank downgraded shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th.

Swiss Re Stock Performance

Swiss Re stock opened at $42.17 on Friday. The stock’s 50-day moving average is $40.62 and its 200-day moving average is $43.75. Swiss Re has a 12 month low of $37.56 and a 12 month high of $48.62.

About Swiss Re

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.