Swiss Re AG (SREN) Receives Average Rating of “Hold” from Analysts
Shares of Swiss Re AG (VTX:SREN) have been assigned a consensus rating of “Hold” from the eighteen research firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and seven have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is CHF 93.01.
A number of research analysts have issued reports on SREN shares. BNP Paribas set a CHF 77 target price on shares of Swiss Re AG and gave the company a “sell” rating in a report on Monday, August 28th. Deutsche Bank AG set a CHF 104 target price on shares of Swiss Re AG and gave the company a “buy” rating in a report on Monday, August 28th. UBS AG set a CHF 80 target price on shares of Swiss Re AG and gave the company a “sell” rating in a report on Friday, August 4th. J P Morgan Chase & Co set a CHF 104 target price on shares of Swiss Re AG and gave the company a “buy” rating in a report on Wednesday, September 27th. Finally, Sanford C. Bernstein set a CHF 89 target price on shares of Swiss Re AG and gave the company a “neutral” rating in a report on Friday, August 4th.
COPYRIGHT VIOLATION WARNING: This piece was published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.americanbankingnews.com/2017/10/12/swiss-re-ag-sren-receives-average-rating-of-hold-from-analysts.html.
Swiss Re AG (SREN) opened at 90.60 on Thursday. The stock has a market cap of CHK 29.14 billion and a price-to-earnings ratio of 11.07. Swiss Re AG has a 52 week low of CHK 81.65 and a 52 week high of CHK 98.50. The company has a 50-day moving average price of CHK 86.67 and a 200-day moving average price of CHK 88.66.
Swiss Re AG Company Profile
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
Receive News & Ratings for Swiss Re AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiss Re AG and related companies with MarketBeat.com's FREE daily email newsletter.