Swiss Re AG – (NASDAQ:SSREY) Given Consensus Recommendation of “Hold” by Analysts
Swiss Re AG – (NASDAQ:SSREY) has earned a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.
Zacks has also assigned Swiss Re AG – an industry rank of 197 out of 265 based on the ratings given to its competitors.
SSREY has been the topic of several research reports. Zacks Investment Research downgraded shares of Swiss Re AG – from a “buy” rating to a “sell” rating in a research report on Thursday, June 2nd. Citigroup Inc. downgraded shares of Swiss Re AG – from a “neutral” rating to a “sell” rating in a research report on Thursday, August 18th. Societe Generale downgraded shares of Swiss Re AG – from a “buy” rating to a “hold” rating in a research report on Thursday, September 1st. Finally, Barclays PLC downgraded shares of Swiss Re AG – from an “equal weight” rating to an “underweight” rating in a research report on Friday, September 9th.
Swiss Re AG – (NASDAQ:SSREY) opened at 22.21 on Monday. Swiss Re AG – has a one year low of $20.10 and a one year high of $25.10. The firm has a 50 day moving average of $21.40 and a 200 day moving average of $21.96. The firm has a market capitalization of $29.46 billion and a PE ratio of 7.80.
About Swiss Re AG –
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company’s clients include insurance companies, mid- to large-sized corporations and public sector clients. Its segments include Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Admin Re.
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