Trade Report: The Swiss Re Ltd. (SSREY) Earns Buy Rating from JPMorgan Chase & Co.

The Swiss Re Ltd. (SSREY) Earns Buy Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their buy rating on shares of Swiss Re Ltd. (OTCMKTS:SSREY) in a research note released on Thursday morning.

SSREY has been the subject of a number of other research reports. Societe Generale downgraded Swiss Re from a buy rating to a hold rating in a report on Thursday, September 1st. Citigroup Inc. downgraded Swiss Re from a neutral rating to a sell rating in a report on Thursday, August 18th. Finally, DZ Bank AG reissued a buy rating on shares of Swiss Re in a report on Tuesday, August 2nd. Three analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold.

Swiss Re (OTCMKTS:SSREY) opened at 22.32 on Thursday. The firm has a market cap of $29.61 billion, a PE ratio of 7.84 and a beta of 0.93. Swiss Re has a 12 month low of $20.10 and a 12 month high of $25.10. The stock’s 50 day moving average is $21.98 and its 200 day moving average is $21.89.

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