Swiss Re Ltd. (OTCMKTS:SSREY) Given Average Recommendation of “Reduce” by Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has been assigned an average rating of “Reduce” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and five have given a hold rating to the company.

A number of research firms have weighed in on SSREY. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Swiss Re in a report on Monday. Citigroup lowered shares of Swiss Re from a “buy” rating to a “neutral” rating in a research report on Tuesday. Oddo Bhf lowered shares of Swiss Re to a “neutral” rating in a report on Tuesday. Finally, DZ Bank cut shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th.

Swiss Re Stock Performance

OTCMKTS:SSREY opened at $40.37 on Tuesday. Swiss Re has a 1 year low of $35.39 and a 1 year high of $48.62. The stock’s fifty day moving average price is $45.54 and its two-hundred day moving average price is $44.85.

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.