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

Key Points

• Swiss Re Ltd. has received a consensus rating of “Hold” from eight research firms, with varying recommendations including two sells, three holds, one buy, and two strong buys.
• Recent reports from analysts have seen BNP Paribas and Barclays downgrade Swiss Re’s stock to a “strong sell”, while Citigroup reaffirmed a “buy” rating.
• As of now, Swiss Re shares have traded between a one-year low of $29.25 and a high of $46.95, currently opening at $46.24.

Shares of Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eight analysts that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has issued a buy recommendation and two have given a strong buy recommendation to the company.

A number of equities analysts have weighed in on the stock. Barclays cut shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Thursday, June 12th. BNP Paribas lowered Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Monday, June 2nd. Finally, Citigroup restated a "buy" rating on shares of Swiss Re in a research note on Tuesday, May 20th.

Swiss Re Trading Up 2.8%

Shares of OTCMKTS SSREY traded up $1.28 during midday trading on Wednesday, hitting $47.52. The stock had a trading volume of 12,592 shares, compared to its average volume of 29,917. Swiss Re has a 1-year low of $29.51 and a 1-year high of $47.68. The company has a fifty day moving average price of $43.91 and a 200 day moving average price of $42.50. 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 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.