Swiss Re Ltd. (OTCMKTS:SSREY) Receives Consensus Rating of “Reduce” from Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has been assigned a consensus rating of “Reduce” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating on the company.

SSREY has been the topic of several analyst reports. UBS Group downgraded shares of Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, Citigroup restated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th.

Swiss Re Stock Performance

Shares of Swiss Re stock opened at $41.19 on Wednesday. Swiss Re has a 1 year low of $36.01 and a 1 year high of $48.62. The firm’s 50-day moving average is $39.17 and its 200 day moving average is $40.33. The company has a current ratio of 39.12, a quick ratio of 39.12 and a debt-to-equity ratio of 0.32.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.