Swiss Life (OTCMKTS:SZLMY) Rating Increased to Strong-Buy at Barclays

Barclays upgraded shares of Swiss Life (OTCMKTS:SZLMY) to a strong-buy rating in a research note released on Wednesday,Zacks reports.

SZLMY has been the topic of several other research reports. Zacks Research upgraded Swiss Life to a “hold” rating in a research note on Thursday, June 25th. UBS Group downgraded Swiss Life to a “neutral” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Swiss Life presently has an average rating of “Moderate Buy”.

Swiss Life Stock Performance

Shares of SZLMY opened at $57.92 on Wednesday. Swiss Life has a one year low of $50.75 and a one year high of $61.12. The firm has a 50 day simple moving average of $57.44 and a two-hundred day simple moving average of $56.10.

About Swiss Life

Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.

In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.