Swiss Re Ltd. (OTCMKTS:SSREY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have been assigned an average rating of “Reduce” from the nine ratings firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company.

SSREY has been the subject of several research analyst reports. UBS Group downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. The Goldman Sachs Group downgraded Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st.

Swiss Re Price Performance

Shares of Swiss Re stock opened at $43.25 on Monday. The stock has a 50-day moving average price of $41.57 and a 200 day moving average price of $42.75. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. Swiss Re has a 1 year low of $38.63 and a 1 year high of $48.62.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.