Swiss Re (VTX:SREN) Given a CHF 106 Price Target at Societe Generale

Swiss Re (VTX:SREN) received a CHF 106 price target from stock analysts at Societe Generale in a research report issued to clients and investors on Thursday, March 8th. The brokerage presently has a “buy” rating on the stock. Societe Generale’s target price would indicate a potential upside of 9.14% from the company’s previous close.

SREN has been the subject of a number of other research reports. Barclays set a CHF 97.70 price objective on shares of Swiss Re and gave the company a “buy” rating in a report on Monday, December 11th. DZ Bank restated a “buy” rating on shares of Swiss Re in a report on Tuesday, January 16th. UBS set a CHF 84 price objective on shares of Swiss Re and gave the company a “sell” rating in a report on Friday, January 5th. Goldman Sachs set a CHF 95 price objective on shares of Swiss Re and gave the company a “neutral” rating in a report on Thursday, December 7th. Finally, Commerzbank set a CHF 98 price objective on shares of Swiss Re and gave the company a “sell” rating in a report on Monday, January 22nd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of CHF 98.25.

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Shares of VTX:SREN traded up CHF 0.26 during trading on Thursday, hitting CHF 97.12. 1,710,000 shares of the company’s stock were exchanged, compared to its average volume of 2,140,000. Swiss Re has a 1-year low of CHF 81.65 and a 1-year high of CHF 98.80.

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About Swiss Re

Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.

Analyst Recommendations for Swiss Re (VTX:SREN)

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