Swiss Re (OTCMKTS:SSREY) Upgraded at DZ Bank

Swiss Re (OTCMKTS:SSREY) was upgraded by research analysts at DZ Bank from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

A number of other research firms have also recently issued reports on SSREY. Citigroup cut shares of Swiss Re from a “buy” rating to a “hold” rating in a research note on Tuesday. Oddo Bhf cut Swiss Re to a “neutral” rating in a report on Tuesday. Royal Bank Of Canada reiterated an “underperform” rating on shares of Swiss Re in a research report on Monday. Finally, Berenberg Bank lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Swiss Re Price Performance

Shares of SSREY stock opened at $40.07 on Tuesday. Swiss Re has a 12-month low of $35.39 and a 12-month high of $48.62. The firm has a 50-day moving average price of $45.27 and a 200 day moving average price of $44.78.

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.