Swiss Life (OTCMKTS:SZLMY) Upgraded by Barclays to Strong-Buy Rating

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

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

Swiss Life Stock Performance

Swiss Life stock opened at $57.92 on Wednesday. The stock’s 50-day moving average is $57.44 and its 200-day moving average is $56.10. Swiss Life has a 12 month low of $50.75 and a 12 month high of $61.12.

About Swiss Life

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.