A number of other research analysts have also commented on the company. Deutsche Bank reaffirmed a buy rating on shares of Swiss Re in a report on Friday, February 9th. UBS Group set a CHF 84 price objective on Swiss Re and gave the company a sell rating in a report on Thursday, February 8th. Barclays set a CHF 94.30 price objective on Swiss Re and gave the company a buy rating in a report on Thursday, February 1st. Commerzbank set a CHF 98 target price on Swiss Re and gave the stock a sell rating in a report on Monday, January 22nd. Finally, HSBC set a CHF 107 target price on Swiss Re and gave the stock a buy rating in a report on Friday, January 19th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company’s stock. Swiss Re presently has an average rating of Hold and a consensus target price of CHF 97.44.
Shares of Swiss Re (VTX:SREN) traded down CHF 0.70 during midday trading on Tuesday, reaching CHF 95.54. The company’s stock had a trading volume of 1,340,000 shares, compared to its average volume of 2,210,000. Swiss Re has a 52-week low of CHF 81.65 and a 52-week high of CHF 98.80. The firm has a market cap of $33,260.00 and a price-to-earnings ratio of 140.50.
About Swiss Re
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
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