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Swiss Re (OTCMKTS:SSREY) Sets New 12-Month High - Here's Why

Swiss Re logo with Finance background

Swiss Re AG (OTCMKTS:SSREY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $39.95 and last traded at $39.82, with a volume of 13594 shares changing hands. The stock had previously closed at $39.01.

Analyst Upgrades and Downgrades

A number of research firms have commented on SSREY. Keefe, Bruyette & Woods raised Swiss Re from a "moderate sell" rating to a "hold" rating in a report on Wednesday, November 20th. Berenberg Bank raised Swiss Re to a "strong-buy" rating in a report on Monday, November 11th. The Goldman Sachs Group raised Swiss Re from a "strong sell" rating to a "hold" rating in a report on Friday, December 13th. Hsbc Global Res downgraded Swiss Re from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Finally, Citigroup raised Swiss Re to a "strong-buy" rating in a research note on Monday, November 18th. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Buy".

Get Our Latest Research Report on SSREY

Swiss Re Stock Performance

The firm has a 50 day moving average price of $37.59 and a 200-day moving average price of $35.23.

About Swiss Re

(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.

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