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

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have earned an average recommendation of “Reduce” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company.

Several research firms have issued reports on SSREY. UBS Group downgraded Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Citigroup reissued a “neutral” rating on shares of Swiss Re in a research note on Friday, May 8th. Finally, Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th.

Swiss Re Trading Up 1.0%

Shares of Swiss Re stock opened at $42.89 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. The firm has a 50 day simple moving average of $40.45 and a 200 day simple moving average of $40.58. Swiss Re has a fifty-two week low of $36.01 and a fifty-two week high of $48.62.

Swiss Re Company Profile

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.