Swiss Re Ltd. (OTCMKTS:SSREY) Receives Consensus Rating of “Reduce” from Brokerages

Swiss Re Ltd. (OTCMKTS:SSREY) has been assigned an average rating of “Reduce” from the ten brokerages that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages recently commented on SSREY. Morgan Stanley reiterated an “underweight” rating on shares of Swiss Re in a research note on Friday. The Goldman Sachs Group cut shares of Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st. Finally, Citigroup reiterated a “neutral” rating on shares of Swiss Re in a research note on Friday.

Swiss Re Stock Performance

Shares of OTCMKTS SSREY traded up $0.27 during trading on Friday, hitting $39.87. 30,532 shares of the company were exchanged, compared to its average volume of 48,524. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. Swiss Re has a 1 year low of $38.63 and a 1 year high of $48.62. The firm’s fifty day moving average price is $41.54 and its 200 day moving average price is $42.12.

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.