Shares of Swiss Re AG (OTCMKTS:SSREY) have earned an average rating of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $87.00.
Several equities analysts recently issued reports on SSREY shares. Zacks Investment Research lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 7th. Commerzbank cut Swiss Re from a “buy” rating to a “hold” rating in a research note on Monday, July 19th. JPMorgan Chase & Co. cut shares of Swiss Re from an “overweight” rating to a “neutral” rating in a research note on Monday, September 6th. UBS Group reissued a “sell” rating on shares of Swiss Re in a research report on Tuesday, August 17th. Finally, Barclays reaffirmed an “overweight” rating on shares of Swiss Re in a research report on Wednesday, October 6th.
Shares of OTCMKTS SSREY opened at $21.59 on Monday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.42. Swiss Re has a twelve month low of $17.06 and a twelve month high of $25.61. The company’s fifty day moving average is $22.51 and its 200-day moving average is $23.25. The stock has a market cap of $27.42 billion, a price-to-earnings ratio of -28.41 and a beta of 0.82.
Swiss Re AG engages in the provision of reinsurance, insurance and other insurance-based forms of risk transfer. It operates through the following segments: Property and Casualty Reinsurance, Life and Health Reinsurance, Corporate Solutions, Life Capital, and Group Items. The Property and Casualty segment comprises of the business lines property, casualty including motor, and specialty.
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