Swiss Re AG – (NASDAQ:SSREY) Given Consensus Recommendation of “Hold” by Analysts
Shares of Swiss Re AG – (NASDAQ:SSREY) have received an average broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a hold recommendation.
Zacks has also assigned Swiss Re AG – an industry rank of 197 out of 265 based on the ratings given to its competitors.
A number of research analysts have recently issued reports on the stock. Barclays PLC lowered shares of Swiss Re AG – from an “equal weight” rating to an “underweight” rating in a research note on Friday, September 9th. Zacks Investment Research raised shares of Swiss Re AG – from a “sell” rating to a “hold” rating in a report on Friday, June 24th. Citigroup Inc. downgraded shares of Swiss Re AG – from a “neutral” rating to a “sell” rating in a report on Thursday, August 18th. Finally, Societe Generale downgraded shares of Swiss Re AG – from a “buy” rating to a “hold” rating in a report on Thursday, September 1st.
Shares of Swiss Re AG – (NASDAQ:SSREY) opened at 22.21 on Monday. The firm has a 50-day moving average of $21.40 and a 200-day moving average of $21.96. The firm has a market cap of $29.46 billion and a P/E ratio of 7.80. Swiss Re AG – has a 12-month low of $20.10 and a 12-month high of $25.10.
About Swiss Re AG –
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company’s clients include insurance companies, mid- to large-sized corporations and public sector clients. Its segments include Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Admin Re.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Swiss Re AG - Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiss Re AG - and related companies with Analyst Ratings Network's FREE daily email newsletter.