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Swiss Re (OTCMKTS:SSREY) Reaches New 52-Week High - Here's Why

Swiss Re logo with Finance background

Shares of Swiss Re AG (OTCMKTS:SSREY - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $39.42 and last traded at $39.05, with a volume of 51767 shares changing hands. The stock had previously closed at $38.50.

Analyst Ratings Changes

Several research firms have recently weighed in on SSREY. Berenberg Bank raised shares of Swiss Re to a "strong-buy" rating in a research note on Monday, November 11th. Citigroup raised Swiss Re to a "strong-buy" rating in a research note on Monday, November 18th. UBS Group raised Swiss Re from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, November 11th. The Goldman Sachs Group raised Swiss Re from a "strong sell" rating to a "hold" rating in a research report on Friday, December 13th. Finally, Hsbc Global Res cut shares of Swiss Re from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy".

View Our Latest Stock Report on SSREY

Swiss Re Stock Down 0.2 %

The stock has a 50 day moving average price of $37.21 and a two-hundred day moving average price of $34.67.

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.

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