Swiss Re AG (OTCMKTS:SSREY) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Swiss Re AG (OTCMKTS:SSREY - Get Free Report) have received a consensus rating of "Moderate Buy" from the six brokerages that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating on the company.

Separately, Citigroup reissued a "buy" rating on shares of Swiss Re in a report on Tuesday, May 20th.

Swiss Re Price Performance

Swiss Re stock traded up $0.50 during mid-day trading on Friday, reaching $44.96. The company had a trading volume of 15,433 shares, compared to its average volume of 26,982. The company has a 50 day moving average of $43.55 and a 200-day moving average of $39.87. Swiss Re has a 52 week low of $29.00 and a 52 week high of $46.89.

Swiss Re Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 24th. Stockholders of record on Wednesday, April 16th were given a dividend of $1.1544 per share. This is a positive change from Swiss Re's previous dividend of $1.00. The ex-dividend date of this dividend was Wednesday, April 16th.

About Swiss Re

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.