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

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have received a consensus recommendation of “Reduce” from the nine brokerages that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company.

Several equities analysts have recently weighed in on the company. UBS Group lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Citigroup downgraded shares of Swiss Re from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Oddo Bhf cut shares of Swiss Re to a “neutral” rating in a research report on Tuesday, December 9th. Berenberg Bank downgraded shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, The Goldman Sachs Group lowered shares of Swiss Re from a “hold” rating to a “sell” rating in a research report on Wednesday, January 21st.

Swiss Re Price Performance

SSREY stock opened at $41.91 on Monday. The stock has a 50-day moving average price of $41.32 and a two-hundred day moving average price of $42.82. 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.