Swiss Re Ltd. (OTCMKTS:SSREY) Given Average Rating of “Reduce” by Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has received an average recommendation of “Reduce” from the nine ratings firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company.

Several equities analysts have issued reports on the company. UBS Group lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. The Goldman Sachs Group lowered Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st.

Swiss Re Price Performance

Shares of SSREY opened at $42.30 on Monday. Swiss Re has a 52-week low of $38.53 and a 52-week high of $48.62. The business’s 50 day moving average price is $41.47 and its two-hundred day moving average price is $42.79.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.