SWISS RE LTD/S (OTCMKTS:SSREY) Receives Average Recommendation of “Hold” from Analysts

Shares of SWISS RE LTD/S (OTCMKTS:SSREY) have been assigned a consensus recommendation of “Hold” from the eight research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company.

SSREY has been the topic of a number of recent analyst reports. Royal Bank of Canada raised SWISS RE LTD/S from a “sector perform” rating to an “outperform” rating in a report on Monday, June 8th. Zacks Investment Research lowered SWISS RE LTD/S from a “hold” rating to a “sell” rating in a report on Wednesday, June 24th. Deutsche Bank reaffirmed a “hold” rating on shares of SWISS RE LTD/S in a report on Monday, May 4th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of SWISS RE LTD/S in a report on Thursday, April 9th. Finally, Berenberg Bank started coverage on SWISS RE LTD/S in a report on Tuesday, June 23rd. They set a “buy” rating on the stock.

Shares of SWISS RE LTD/S stock traded up $0.23 on Tuesday, reaching $19.25. 26,540 shares of the company were exchanged, compared to its average volume of 121,518. SWISS RE LTD/S has a one year low of $13.50 and a one year high of $29.71. The company has a market capitalization of $25.76 billion, a price-to-earnings ratio of 32.08 and a beta of 0.63. The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average of $18.06 and a 200 day moving average of $22.29.

SWISS RE LTD/S Company Profile

Swiss Re Ltd, together with its subsidiaries, provides wholesale reinsurance, insurance, and other insurance-based forms of risk transfer worldwide. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Life Capital. It underwrites property reinsurance, including credit and surety, engineering, aviation, marine, agriculture, and retakaful; casualty reinsurance, such as liability, motor, worker's compensation, personal accident, management and professional liability, cyber, footer, and share price, as well as life and health insurance products.

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Analyst Recommendations for SWISS RE LTD/S (OTCMKTS:SSREY)

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