Swiss Re AG – (SSREY) Receives Consensus Rating of “Hold” from Analysts
Shares of Swiss Re AG – (OTCMKTS:SSREY) have been assigned an average recommendation of “Hold” from the nine research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company.
Several equities analysts have issued reports on the stock. Goldman Sachs Group restated a “neutral” rating on shares of Swiss Re in a research note on Tuesday, October 31st. Royal Bank of Canada downgraded shares of Swiss Re from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, September 20th. Credit Suisse Group upgraded shares of Swiss Re from an “underperform” rating to a “hold” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of Swiss Re from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Finally, ValuEngine downgraded shares of Swiss Re from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th.
Swiss Re (OTCMKTS:SSREY) traded down $0.02 during trading hours on Thursday, reaching $23.07. The company had a trading volume of 3,502 shares, compared to its average volume of 40,973. The stock has a market capitalization of $33,515.50, a price-to-earnings ratio of 3.68 and a beta of 0.59. Swiss Re has a 52-week low of $21.61 and a 52-week high of $24.51.
Swiss Re Company Profile
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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