Swiss Re (VTX:SREN) has been assigned a CHF 110 price objective by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 19.31% from the stock’s current price.
SREN has been the topic of several other reports. Royal Bank of Canada set a CHF 100 price objective on Swiss Re and gave the company a “neutral” rating in a research report on Tuesday, January 16th. Sanford C. Bernstein set a CHF 87 price objective on Swiss Re and gave the company a “neutral” rating in a research report on Friday, November 17th. BNP Paribas set a CHF 90 price objective on Swiss Re and gave the company a “neutral” rating in a research report on Wednesday, October 11th. Jefferies Group set a CHF 89 price objective on Swiss Re and gave the company a “neutral” rating in a research report on Tuesday, November 28th. Finally, Barclays set a CHF 97.70 target price on Swiss Re and gave the stock a “buy” rating in a research report on Monday, December 11th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of CHF 96.62.
Shares of Swiss Re (SREN) traded up CHF 0.14 during trading hours on Thursday, hitting CHF 92.20. The stock had a trading volume of 3,550,000 shares, compared to its average volume of 1,730,000. Swiss Re has a twelve month low of CHF 81.65 and a twelve month high of CHF 95.72. The stock has a market capitalization of $31,960.00 and a P/E ratio of 12.07.
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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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