Swiss Life (OTCMKTS:SZLMY) Rating Increased to Strong-Buy at Barclays

Swiss Life (OTCMKTS:SZLMY) was upgraded by equities research analysts at Barclays to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.

A number of other analysts have also issued reports on the stock. UBS Group lowered shares of Swiss Life to a “neutral” rating in a research report on Friday, May 8th. Zacks Research upgraded Swiss Life to a “hold” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Swiss Life presently has an average rating of “Moderate Buy”.

Swiss Life Trading Up 3.2%

Shares of OTCMKTS SZLMY opened at $57.92 on Wednesday. Swiss Life has a 12 month low of $50.75 and a 12 month high of $61.12. The company has a 50-day simple moving average of $57.44 and a 200-day simple moving average of $56.10.

Swiss Life Company Profile

Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.

In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.