Swiss Re Ltd. (SSREY) Rating Reiterated by Deutsche Bank AG
Swiss Re Ltd. (OTCMKTS:SSREY)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a research note issued on Friday.
A number of other analysts also recently weighed in on the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Swiss Re in a report on Thursday, October 13th. DZ Bank AG restated a “buy” rating on shares of Swiss Re in a report on Tuesday, August 2nd. Societe Generale downgraded Swiss Re from a “buy” rating to a “hold” rating in a report on Thursday, September 1st. Finally, Citigroup Inc. downgraded Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, August 18th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold”.
Shares of Swiss Re (OTCMKTS:SSREY) opened at 22.32 on Friday. Swiss Re has a 1-year low of $20.10 and a 1-year high of $25.10. The firm has a 50 day moving average price of $21.98 and a 200 day moving average price of $21.89. The firm has a market cap of $29.61 billion, a P/E ratio of 7.84 and a beta of 0.93.
About Swiss Re
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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