Swiss Re (OTCMKTS:SSREY – Get Free Report) was downgraded by equities researchers at DZ Bank from a “strong-buy” rating to a “hold” rating in a report released on Tuesday, Zacks reports.
Separately, Jefferies Financial Group downgraded shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a report on Wednesday, October 14th. Four research analysts have rated the stock with a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Strong Sell”.
View Our Latest Stock Report on SSREY
Swiss Re Trading Down 1.1%
Shares of SSREY stock opened at $45.31 on Tuesday. The business’s 50 day moving average is $44.18 and its two-hundred day moving average is $41.67. Swiss Re has a twelve month low of $36.01 and a twelve month 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.
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