Swiss Re (OTCMKTS:SSREY – Get Free Report) was downgraded by analysts at DZ Bank from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.
Separately, Jefferies Financial Group lowered Swiss Re from a “hold” rating to a “moderate sell” rating in a report on Wednesday, October 14th. Four research analysts have rated the stock with a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Strong Sell”.
Check Out Our Latest Research Report on Swiss Re
Swiss Re Stock Down 1.1%
OTCMKTS SSREY opened at $45.31 on Tuesday. Swiss Re has a 1-year low of $36.01 and a 1-year high of $49.18. The business has a 50 day moving average price of $44.18 and a 200 day moving average price of $41.67.
About Swiss Re
Swiss Re is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, it provides risk-transfer and risk-management services to insurance companies, businesses and public-sector organizations. The company’s principal activities include property and casualty reinsurance, life and health reinsurance, and commercial insurance through its Corporate Solutions business. Its offerings help clients manage risks ranging from natural catastrophes and large commercial losses to mortality, health and longevity risks.
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