Swiss Re (OTCMKTS:SSREY) Upgraded by Citigroup to “Strong-Buy” Rating

Swiss Re (OTCMKTS:SSREY) was upgraded by research analysts at Citigroup to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other brokerages have also weighed in on SSREY. UBS Group upgraded shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a report on Monday, November 11th. The Goldman Sachs Group raised Swiss Re to a “strong sell” rating in a research report on Wednesday, September 18th. Finally, Berenberg Bank raised Swiss Re to a “strong-buy” rating in a research note on Monday, November 11th.

Swiss Re Price Performance

Shares of SSREY opened at $35.40 on Monday. Swiss Re has a 52-week low of $26.66 and a 52-week high of $35.53. The business’s 50 day moving average price is $33.65 and its two-hundred day moving average price is $32.04.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.