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

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

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada reissued an “underperform” rating on shares of Swiss Re in a research report on Monday, December 8th. The Goldman Sachs Group lowered shares of Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st. UBS Group cut shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 17th. DZ Bank upgraded Swiss Re from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, Oddo Bhf lowered Swiss Re to a “neutral” rating in a report on Tuesday, December 9th.

Swiss Re Stock Down 0.6%

SSREY opened at $41.21 on Thursday. Swiss Re has a 1 year low of $37.56 and a 1 year high of $48.62. The firm’s fifty day moving average price is $40.91 and its two-hundred day moving average price is $43.24.

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.