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

Swiss Re Ltd. (OTCMKTS:SSREY) has earned a consensus rating of “Reduce” from the nine analysts that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company.

Several analysts have commented on the stock. UBS Group downgraded shares of Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Citigroup reissued a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th.

Swiss Re Stock Down 0.1%

SSREY stock opened at $36.82 on Tuesday. 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 12 month low of $36.01 and a 12 month high of $48.62. The firm has a 50 day moving average of $40.01 and a two-hundred day moving average of $40.83.

Swiss Re Company Profile

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.