Swiss Re AG (OTCMKTS:SSREY) Given Average Recommendation of “Buy” by Brokerages

Swiss Re AG (OTCMKTS:SSREY) has earned a consensus recommendation of “Buy” from the six ratings firms that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company.

SSREY has been the topic of several research reports. The Goldman Sachs Group raised Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. Hsbc Global Res downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd.

Swiss Re Price Performance

OTCMKTS SSREY opened at $41.91 on Wednesday. The stock’s fifty day moving average price is $39.45 and its 200 day moving average price is $36.47. Swiss Re has a 1 year low of $26.66 and a 1 year high of $42.53.

Swiss Re Company Profile

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.