FY2018 Earnings Forecast for Swiss Re AG – (SSREY) Issued By Jefferies Group

Swiss Re AG – (OTCMKTS:SSREY) – Stock analysts at Jefferies Group increased their FY2018 earnings per share (EPS) estimates for shares of Swiss Re in a research report issued to clients and investors on Tuesday. Jefferies Group analyst P. Kett now forecasts that the financial services provider will earn $2.00 per share for the year, up from their previous forecast of $1.90. Jefferies Group also issued estimates for Swiss Re’s FY2020 earnings at $2.28 EPS.

A number of other research analysts have also recently commented on the company. Zacks Investment Research upgraded Swiss Re from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Societe Generale upgraded Swiss Re from a “hold” rating to a “buy” rating in a research note on Thursday, March 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold”.

Shares of Swiss Re (OTCMKTS SSREY) opened at $25.39 on Wednesday. The firm has a market capitalization of $36,900.18, a P/E ratio of 4.05 and a beta of 0.57. Swiss Re has a 1 year low of $21.61 and a 1 year high of $26.32.

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Swiss Re 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.

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