Swiss Re Ltd. (OTCMKTS:SSREY) Stock Rated “Reduce” by Wall Street Brokerages

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have earned an average rating of “Reduce” from the nine analysts that are covering the firm, Marketbeat Ratings reports. Five investment 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.

Separately, Jefferies Financial Group lowered shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, October 14th.

Swiss Re Trading Down 4.6%

Shares of Swiss Re stock opened at $46.24 on Friday. The company’s 50-day moving average price is $44.04 and its two-hundred day moving average price is $41.57. Swiss Re has a 52 week low of $36.01 and a 52 week high of $49.18.

About Swiss Re

Swiss Re is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, it provides risk-transfer and risk-management services to insurance companies, businesses and public-sector organizations.

The company’s principal activities include property and casualty reinsurance, life and health reinsurance, and commercial insurance through its Corporate Solutions business. Its offerings help clients manage risks ranging from natural catastrophes and large commercial losses to mortality, health and longevity risks.

Swiss Re serves clients around the world, with operations spanning major insurance markets across the Americas, Europe, the Middle East, Africa and Asia-Pacific.