Swiss Re (OTCMKTS:SSREY) Shares Gap Down – Time to Sell?

Shares of Swiss Re Ltd. (OTCMKTS:SSREYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $43.16, but opened at $40.60. Swiss Re shares last traded at $40.53, with a volume of 9,480 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Royal Bank Of Canada cut shares of Swiss Re from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. DZ Bank lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 14th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

View Our Latest Research Report on SSREY

Swiss Re Stock Down 5.8%

The firm has a fifty day moving average price of $45.76 and a two-hundred day moving average price of $44.90.

About Swiss Re

(Get Free Report)

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.

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