Swiss Re (OTCMKTS:SSREY) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Swiss Re AG (OTCMKTS:SSREY)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $34.81 and traded as high as $39.11. Swiss Re shares last traded at $38.99, with a volume of 8,444 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SSREY shares. UBS Group upgraded Swiss Re from a “strong sell” rating to a “strong-buy” rating in a report on Monday, November 11th. Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a report on Monday, November 18th. Berenberg Bank upgraded shares of Swiss Re to a “strong-buy” rating in a report on Monday, November 11th. Keefe, Bruyette & Woods raised shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, Hsbc Global Res cut shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Swiss Re Trading Up 0.2 %

The business’s fifty day moving average is $37.28 and its 200-day moving average is $34.81.

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.