Swiss Re Ltd. (OTCMKTS:SSREY) Given Average Rating of “Reduce” by Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has received an average recommendation of “Reduce” from the eight analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company.

SSREY has been the topic of a number of recent research reports. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a research note on Friday, May 8th.

Swiss Re Stock Down 2.7%

SSREY stock opened at $40.53 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. The business has a 50 day simple moving average of $39.03 and a 200-day simple moving average of $40.35. Swiss Re has a twelve month low of $36.01 and a twelve month high of $48.62.

About Swiss Re

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.