JPMorgan Chase & Co. Reaffirms Buy Rating for Swiss Re Ltd. (SSREY)
Swiss Re Ltd. (OTCMKTS:SSREY)‘s stock had its “buy” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday.
Other equities research analysts have also recently issued research reports about the company. DZ Bank AG reaffirmed a “buy” rating on shares of Swiss Re in a report on Tuesday, August 2nd. Citigroup Inc. lowered Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, August 18th. Finally, Societe Generale lowered Swiss Re from a “buy” rating to a “hold” rating in a research report on Thursday, September 1st. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Swiss Re has a consensus rating of “Hold”.
Swiss Re (OTCMKTS:SSREY) opened at 22.13 on Thursday. The stock has a 50 day moving average price of $21.85 and a 200 day moving average price of $21.91. The company has a market capitalization of $29.36 billion, a price-to-earnings ratio of 7.77 and a beta of 0.93. Swiss Re has a 52-week low of $20.10 and a 52-week high of $25.10.
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Swiss Re Company Profile
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company’s clients include insurance companies, mid- to large-sized corporations and public sector clients. Its segments include Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Admin Re.
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