Swiss Re AG (OTCMKTS:SSREY) Receives Consensus Rating of “Buy” from Brokerages

Swiss Re AG (OTCMKTS:SSREY) has been assigned an average recommendation of “Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company.

SSREY has been the subject of a number of recent research reports. Berenberg Bank upgraded shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 11th. The Goldman Sachs Group upgraded shares of Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. 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. Keefe, Bruyette & Woods upgraded shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 18th.

Swiss Re Trading Down 0.3 %

Shares of OTCMKTS SSREY opened at $40.10 on Friday. The firm has a 50-day simple moving average of $37.89 and a 200-day simple moving average of $35.57. Swiss Re has a 52 week low of $26.66 and a 52 week high of $40.80.

About Swiss Re

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.