Swiss Re AG (OTCMKTS:SSREY) Receives Consensus Rating of "Buy" from Brokerages

Shares of Swiss Re AG (OTCMKTS:SSREY - Get Free Report) have been given a consensus recommendation of "Buy" by the six research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

Separately, Hsbc Global Res cut Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd.

Swiss Re Stock Performance

Shares of SSREY stock traded up $0.83 during trading hours on Friday, reaching $43.38. The company had a trading volume of 18,330 shares, compared to its average volume of 24,693. Swiss Re has a 1-year low of $26.66 and a 1-year high of $44.62. The company has a 50 day moving average of $41.20 and a 200 day moving average of $37.59.

Swiss Re Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Wednesday, April 16th will be issued a $1.1544 dividend. This is a positive change from Swiss Re's previous dividend of $1.00. The ex-dividend date is Wednesday, April 16th.

Swiss Re Company Profile

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.