Shares of Swiss Re AG (OTCMKTS:SSREY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $44.85 and last traded at $44.17, with a volume of 50447 shares. The stock had previously closed at $43.03.
Wall Street Analysts Forecast Growth
Separately, Hsbc Global Res lowered Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy".
Get Our Latest Analysis on SSREY
Swiss Re Price Performance
The business has a 50 day moving average of $41.37 and a 200 day moving average of $37.78.
Swiss Re Increases Dividend
The company also recently announced 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 of this dividend is Wednesday, April 16th.
About Swiss Re
(
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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.
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