Swiss Re (SSREY) Receives Average Rating of “Hold” from Brokerages

Swiss Re (OTCMKTS:SSREY) has been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company.

Several equities research analysts have recently commented on the company. Zacks Investment Research raised Swiss Re from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research note on Thursday, March 22nd. Barclays reaffirmed a “buy” rating on shares of Swiss Re in a research note on Tuesday, May 8th. Societe Generale raised Swiss Re from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. Keefe, Bruyette & Woods cut Swiss Re from a “market perform” rating to a “sell” rating in a research note on Tuesday, March 27th. Finally, Royal Bank of Canada reaffirmed a “neutral” rating on shares of Swiss Re in a research note on Friday, May 4th.

Shares of Swiss Re opened at $22.40 on Thursday, according to MarketBeat. The company has a market cap of $32.41 billion, a price-to-earnings ratio of 86.13 and a beta of 0.55. Swiss Re has a 12 month low of $21.61 and a 12 month high of $26.32. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.30.

About Swiss Re

Swiss Re Ltd, together with its subsidiaries, provides wholesale reinsurance, insurance, and other insurance-based forms of risk transfer worldwide. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Life Capital. It underwrites casualty, property and specialty, agriculture, aviation, engineering, marine, life and health, retakaful, solvency II, and facultative reinsurance products, as well as trade credit, surety, and political risk reinsurance; structured reinsurance solutions; and insurance-linked securities.

Analyst Recommendations for Swiss Re (OTCMKTS:SSREY)

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