Swiss Re (OTCMKTS:SSREY) Hits New 1-Year High – Here’s What Happened

Swiss Re AG (OTCMKTS:SSREYGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $42.61 and last traded at $42.42, with a volume of 17430 shares. The stock had previously closed at $41.99.

Analysts Set New Price Targets

A number of analysts have weighed in on SSREY shares. The Goldman Sachs Group raised Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. Hsbc Global Res downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

View Our Latest Stock Report on Swiss Re

Swiss Re Price Performance

The stock has a fifty day simple moving average of $39.45 and a two-hundred day simple moving average of $36.50.

About Swiss Re

(Get Free Report)

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.

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