Swiss Re’s (SSREY) “Buy” Rating Reiterated at Deutsche Bank AG
Swiss Re Ltd. (OTCMKTS:SSREY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a report released on Friday.
A number of other equities research analysts have also weighed in on SSREY. DZ Bank AG restated a “buy” rating on shares of Swiss Re in a research note on Tuesday, August 2nd. JPMorgan Chase & Co. restated a “buy” rating on shares of Swiss Re in a research note on Thursday, June 16th. Societe Generale lowered Swiss Re from a “buy” rating to a “hold” rating in a research note on Thursday, September 1st. Finally, Citigroup Inc. lowered Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, August 18th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold”.
Shares of Swiss Re (OTCMKTS:SSREY) opened at 22.07 on Friday. The firm’s 50-day moving average is $21.88 and its 200-day moving average is $21.91. Swiss Re has a 1-year low of $20.10 and a 1-year high of $25.10. The company has a market cap of $29.28 billion, a PE ratio of 7.75 and a beta of 0.93.
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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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