SWISS RE LTD/S (OTCMKTS:SSREY) Receives Consensus Recommendation of “Hold” from Brokerages
SWISS RE LTD/S (OTCMKTS:SSREY) has been assigned a consensus rating of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company.
A number of research analysts have commented on the company. Zacks Investment Research lowered SWISS RE LTD/S from a “hold” rating to a “sell” rating in a research report on Wednesday, June 24th. UBS Group reaffirmed a “buy” rating on shares of SWISS RE LTD/S in a research report on Friday, May 1st. Berenberg Bank began coverage on SWISS RE LTD/S in a report on Tuesday, June 23rd. They set a “buy” rating on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of SWISS RE LTD/S in a report on Thursday, April 9th. Finally, Deutsche Bank reiterated a “hold” rating on shares of SWISS RE LTD/S in a report on Monday, May 4th.
SSREY traded up $0.23 during midday trading on Tuesday, reaching $19.25. 26,540 shares of the company’s stock traded hands, compared to its average volume of 121,518. The firm has a fifty day moving average of $18.06 and a two-hundred day moving average of $22.29. The stock has a market capitalization of $25.76 billion, a price-to-earnings ratio of 32.08 and a beta of 0.63. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.31 and a quick ratio of 0.31. SWISS RE LTD/S has a 52 week low of $13.50 and a 52 week high of $29.71.
Swiss Re Ltd, together with its subsidiaries, provides wholesale reinsurance, insurance, and other insurance-based forms of risk transfer worldwide. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Life Capital. It underwrites property reinsurance, including credit and surety, engineering, aviation, marine, agriculture, and retakaful; casualty reinsurance, such as liability, motor, worker's compensation, personal accident, management and professional liability, cyber, footer, and share price, as well as life and health insurance products.
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