Swiss Life (OTCMKTS:SZLMY) Hits New 12-Month High – Here’s What Happened

Swiss Life Holding AG (OTCMKTS:SZLMY) shares hit a new 52-week high on Wednesday. The stock traded as high as $61.27 and last traded at $60.84, with a volume of 2,752 shares changing hands. The stock had previously closed at $59.22.

Wall Street Analyst Weigh In

Separately, Barclays raised Swiss Life to a “strong-buy” rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Swiss Life has a consensus rating of “Moderate Buy”.

Swiss Life Price Performance

The business’s fifty day moving average is $55.99 and its two-hundred day moving average is $56.00.

About Swiss Life

Swiss Life is a Switzerland-based insurance and financial services group headquartered in Zurich. Founded in 1857, the company provides insurance, retirement planning and financial advice to individuals, companies and institutional clients.

Its core activities include life insurance, occupational and private pension solutions, disability and income protection, and property and casualty insurance, particularly in Switzerland. Swiss Life also offers financial planning and advisory services through its distribution network, as well as asset management and investment solutions for institutional and private clients.

Swiss Life primarily serves customers in Switzerland, France and Germany, while also providing international insurance and employee-benefits solutions in selected markets.