Swiss Re Ltd. (OTCMKTS:SSREY) Receives Consensus Recommendation of “Reduce” from Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has been given an average rating of “Reduce” by the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of equities analysts have recently issued reports on the stock. Citigroup restated a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. UBS Group downgraded shares of Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th.

Swiss Re Stock Performance

SSREY opened at $40.58 on Friday. The company has a quick ratio of 39.12, a current ratio of 39.12 and a debt-to-equity ratio of 0.32. Swiss Re has a 52 week low of $36.01 and a 52 week high of $48.62. The business’s 50 day moving average is $38.74 and its two-hundred day moving average is $40.37.

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.