Swiss Re AG (SREN) Given a CHF 108 Price Target at J P Morgan Chase & Co
Several other research analysts have also commented on the stock. DZ Bank AG reaffirmed a buy rating on shares of Swiss Re AG in a report on Thursday. Commerzbank Ag set a CHF 92 price target on shares of Swiss Re AG and gave the company a sell rating in a report on Thursday. Baader Bank set a CHF 94 target price on shares of Swiss Re AG and gave the company a neutral rating in a research note on Thursday. UBS Group AG (USA) set a CHF 86 target price on shares of Swiss Re AG and gave the company a sell rating in a research note on Tuesday. Finally, Goldman Sachs Group, Inc. (The) set a CHF 95 target price on shares of Swiss Re AG and gave the company a neutral rating in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. Swiss Re AG presently has an average rating of Hold and a consensus price target of CHF 94.35.
Swiss Re AG (VTX:SREN) traded down CHF 0.50 during midday trading on Friday, hitting CHF 93.35. 1,390,000 shares of the stock traded hands, compared to its average volume of 1,540,000. Swiss Re AG has a 1-year low of CHF 81.65 and a 1-year high of CHF 98.50.
About Swiss Re AG
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
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