Swiss Re Ltd. (OTCMKTS:SSREY) Receives Average Rating of “Reduce” from Analysts

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have been given a consensus recommendation of “Reduce” by the ten analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a strong buy recommendation on the company.

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st. Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, Citigroup restated a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th.

Swiss Re Trading Up 0.0%

OTCMKTS:SSREY opened at $38.27 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. Swiss Re has a 12 month low of $38.10 and a 12 month high of $48.62. The business’s fifty day moving average price is $41.17 and its 200 day moving average price is $41.85.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.