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Swiss Re (OTCMKTS:SSREY) Sets New 12-Month High - Should You Buy?

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Swiss Re AG (OTCMKTS:SSREY - Get Free Report)'s share price hit a new 52-week high on Friday . The stock traded as high as $41.86 and last traded at $41.81, with a volume of 13590 shares. The stock had previously closed at $41.50.

Analyst Ratings Changes

SSREY has been the topic of a number of recent analyst reports. Hsbc Global Res cut Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Keefe, Bruyette & Woods upgraded Swiss Re from a "moderate sell" rating to a "hold" rating in a report on Wednesday, November 20th. Citigroup upgraded Swiss Re to a "strong-buy" rating in a report on Monday, November 18th. Finally, The Goldman Sachs Group upgraded Swiss Re from a "strong sell" rating to a "hold" rating in a report on Friday, December 13th. Three analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Get Our Latest Analysis on Swiss Re

Swiss Re Stock Performance

The business has a 50 day simple moving average of $39.01 and a 200 day simple moving average of $36.27.

Swiss Re Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Swiss Re Right Now?

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