Swiss Re Ltd. (SSREY) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Swiss Re Ltd. (OTCMKTS:SSREY)‘s stock had its “buy” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday.
A number of other equities analysts have also recently issued reports on the stock. DZ Bank AG restated a “buy” rating on shares of Swiss Re in a research note on Tuesday, August 2nd. Citigroup Inc. cut shares of Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, August 18th. Finally, Societe Generale cut shares of 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 given a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold”.
Swiss Re (OTCMKTS:SSREY) traded down 1.13% on Thursday, reaching $21.88. 4,605 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $21.85 and a 200-day moving average of $21.91. The firm has a market capitalization of $29.03 billion, a price-to-earnings ratio of 7.68 and a beta of 0.93. Swiss Re has a 12 month low of $20.10 and a 12 month 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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