Today: Brokerages gives Consensus Recommendation of “Hold” to Zacks: Swiss Re AG – (SSREY)

Today: Brokerages gives Consensus Recommendation of “Hold” to Zacks: Swiss Re AG – (SSREY)

Shares of Swiss Re AG – (NASDAQ:SSREY) have earned a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.

Zacks has also assigned Swiss Re AG – an industry rank of 159 out of 265 based on the ratings given to its competitors.

SSREY has been the topic of several recent analyst reports. Zacks Investment Research cut shares of Swiss Re AG – from a “hold” rating to a “sell” rating in a research note on Friday, September 23rd. Barclays PLC cut shares of Swiss Re AG – from an “equal weight” rating to an “underweight” rating in a research note on Friday, September 9th. Citigroup Inc. cut shares of Swiss Re AG – from a “neutral” rating to a “sell” rating in a research note on Thursday, August 18th. Finally, Societe Generale cut shares of Swiss Re AG – from a “buy” rating to a “hold” rating in a research note on Thursday, September 1st.

Shares of Swiss Re AG – (NASDAQ:SSREY) opened at 22.47 on Friday. The company has a market cap of $29.81 billion and a PE ratio of 7.89. The firm’s 50 day moving average is $21.93 and its 200-day moving average is $21.91. Swiss Re AG – has a 1-year low of $20.10 and a 1-year high of $25.10.

Swiss Re AG – Company Profile

Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company’s clients include insurance companies, mid- to large-sized corporations and public sector clients. Its segments include Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Admin Re.

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