UBS Group Analysts Give Swiss Re (SREN) a CHF 84 Price Target
Swiss Re (VTX:SREN) has been assigned a CHF 84 target price by analysts at UBS Group in a report issued on Friday, www.boersen-zeitung.de reports. The firm currently has a “sell” rating on the stock. UBS Group’s price objective would indicate a potential downside of 8.56% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. Deutsche Bank set a CHF 112 target price on shares of Swiss Re and gave the company a “buy” rating in a research report on Thursday. Barclays set a CHF 97.70 target price on shares of Swiss Re and gave the company a “buy” rating in a research report on Monday, December 11th. Commerzbank set a CHF 95 target price on shares of Swiss Re and gave the company a “sell” rating in a research report on Thursday, December 7th. Goldman Sachs Group set a CHF 95 price objective on shares of Swiss Re and gave the stock a “neutral” rating in a report on Thursday, December 7th. Finally, Jefferies Group set a CHF 89 price objective on shares of Swiss Re and gave the stock a “neutral” rating in a report on Tuesday, November 28th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of CHF 95.14.
Shares of Swiss Re (SREN) opened at CHF 91.86 on Friday. Swiss Re has a 1 year low of CHF 81.65 and a 1 year high of CHF 98.50. The stock has a market cap of $32,020.00 and a P/E ratio of 11.55.
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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