Swiss Re Ltd. (OTCMKTS:SSREY) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Swiss Re Ltd. has received an average recommendation of "Hold" from nine ratings firms, with ratings varying from sell to strong buy.
• The stock of Swiss Re has experienced a 1.1% decrease in value, closing at $46.58 on Monday, and has a 12-month trading range of $31.84 to $48.50.
• Royal Bank of Canada has downgraded Swiss Re's shares from "sector perform" to "underperform."

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

Separately, Royal Bank Of Canada cut shares of Swiss Re from a "sector perform" rating to an "underperform" rating in a report on Monday.

Swiss Re Stock Down 1.1%

Shares of SSREY stock traded down $0.51 on Monday, reaching $46.58. The stock had a trading volume of 59,367 shares, compared to its average volume of 27,876. The firm's 50-day moving average is $45.54 and its two-hundred day moving average is $44.37. Swiss Re has a 12 month low of $31.84 and a 12 month high of $48.50.

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.

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