Swiss Re Ltd. (OTCMKTS:SSREY) Receives Consensus Recommendation of "Hold" from Analysts

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) has been given an average recommendation of "Hold" by the eight ratings firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

Several research firms recently commented on SSREY. BNP Paribas downgraded shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Monday, June 2nd. Barclays lowered Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Thursday, June 12th. Finally, Citigroup reissued a "buy" rating on shares of Swiss Re in a research report on Tuesday, May 20th.

Swiss Re Trading Up 1.3%

Shares of OTCMKTS:SSREY traded up $0.55 during midday trading on Tuesday, hitting $41.85. 21,864 shares of the stock traded hands, compared to its average volume of 28,456. Swiss Re has a one year low of $29.00 and a one year high of $46.89. The business's 50 day moving average is $44.00 and its two-hundred day moving average is $40.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 12.70 and a current ratio of 12.70.

Swiss Re Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 24th. Stockholders of record on Wednesday, April 16th were issued a $1.1544 dividend. The ex-dividend date was Wednesday, April 16th. This is an increase from Swiss Re's previous dividend of $1.00.

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.