FY2017 EPS Estimates for Swiss Re Ltd. Reduced by Analyst (SSREY)
Swiss Re Ltd. (OTC:SSREY) – Analysts at Jefferies Group decreased their FY2017 earnings estimates for shares of Swiss Re in a research note issued to investors on Monday. Jefferies Group analyst P. Kett now forecasts that the company will post earnings of ($0.15) per share for the year, down from their prior estimate of $1.85.
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Separately, Royal Bank Of Canada downgraded shares of Swiss Re from an “outperform” rating to a “sector perform” rating in a report on Wednesday, September 20th.
Swiss Re (OTC:SSREY) opened at 22.985 on Wednesday. The company has a market capitalization of $29.57 billion, a P/E ratio of 11.238 and a beta of 0.54. Swiss Re has a 52-week low of $21.61 and a 52-week high of $24.51. The firm has a 50-day moving average of $22.57 and a 200 day moving average of $22.78.
About Swiss Re
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.
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