Swiss Re AG (OTCMKTS:SSREY) Receives Consensus Recommendation of “Hold” from Analysts

Swiss Re AG (OTCMKTS:SSREY) has been assigned an average rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

A number of brokerages have recently issued reports on SSREY. Barclays lowered Swiss Re from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 12th. BNP Paribas lowered Swiss Re from a “hold” rating to a “strong sell” rating in a report on Monday, June 2nd. Finally, Citigroup restated a “buy” rating on shares of Swiss Re in a report on Tuesday, May 20th.

Swiss Re Trading Down 1.0%

Shares of OTCMKTS:SSREY opened at $41.57 on Tuesday. Swiss Re has a 1 year low of $29.00 and a 1 year high of $46.89. The business’s 50 day moving average price is $44.02 and its 200-day moving average price is $40.69.

Swiss Re Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 24th. Investors of record on Wednesday, April 16th were given a dividend of $1.1544 per share. This is an increase from Swiss Re’s previous dividend of $1.00. The ex-dividend date of this dividend was Wednesday, April 16th.

Swiss Re Company Profile

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.