Swiss Re’s (SSREY) Buy Rating Reiterated at Deutsche Bank AG
Swiss Re Ltd. (OTCMKTS:SSREY)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank AG in a research note issued on Friday.
Several other research analysts also recently weighed in on the company. Societe Generale downgraded Swiss Re from a “buy” rating to a “hold” rating in a research note on Thursday, September 1st. JPMorgan Chase & Co. restated a “buy” rating on shares of Swiss Re in a research note on Tuesday, September 6th. Citigroup Inc. downgraded Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, August 18th. Finally, DZ Bank AG restated a “buy” rating on shares of Swiss Re in a research note on Tuesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold”.
Swiss Re (OTCMKTS:SSREY) opened at 22.07 on Friday. The stock has a market capitalization of $29.28 billion, a PE ratio of 7.75 and a beta of 0.93. Swiss Re has a one year low of $20.10 and a one year high of $25.10. The company’s 50 day moving average price is $21.88 and its 200-day moving average price is $21.91.
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About Swiss Re
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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