Swiss Re AG (OTCMKTS:SSREY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Swiss Re AG (OTCMKTS:SSREY) have been assigned an average rating of “Buy” from the six brokerages that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

Separately, Hsbc Global Res lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd.

Swiss Re Stock Performance

Shares of OTCMKTS SSREY opened at $43.04 on Friday. Swiss Re has a 52-week low of $26.66 and a 52-week high of $43.74. The stock’s 50 day moving average price is $40.85 and its two-hundred day moving average price is $37.37.

Swiss Re Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Wednesday, April 16th will be given a $1.1544 dividend. This is a positive change from Swiss Re’s previous dividend of $1.00. The ex-dividend date of this dividend is Wednesday, April 16th.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.