Swiss Life (OTCMKTS:SZLMY) Sees Large Volume Increase – What’s Next?

Swiss Life Holding AG (OTCMKTS:SZLMY) shares saw an uptick in trading volume on Friday. 20,019 shares traded hands during trading, an increase of 71% from the previous session’s volume of 11,676 shares. The stock last traded at $54.18 and had previously closed at $54.5850.

Analysts Set New Price Targets

Several equities research analysts recently commented on SZLMY shares. Zacks Research upgraded shares of Swiss Life to a “hold” rating in a research report on Thursday, June 25th. Barclays raised Swiss Life to a “strong-buy” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Swiss Life Stock Up 1.2%

The business has a 50 day moving average price of $57.27 and a two-hundred day moving average price of $56.15.

About Swiss Life

Swiss Life AG is a Switzerland-based insurance and financial services group headquartered in Zurich. Founded in 1857 as Schweizerische Lebensversicherungs- und Rentenanstalt, the company has developed into one of Switzerland’s major providers of insurance, pensions and financial planning services.

Swiss Life offers life insurance, occupational pension solutions, individual retirement products and financial advice for private customers, companies and institutional clients. Its activities also include property and casualty insurance in selected markets, asset management and real estate investment services, as well as advisory services provided through brands such as Swiss Life Select.

The group’s principal markets are Switzerland, France and Germany, while its international corporate solutions business serves multinational companies and internationally mobile employees.