Shares of Swiss Re AG (OTCMKTS:SSREY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $34.81 and traded as high as $39.11. Swiss Re shares last traded at $38.99, with a volume of 8,444 shares changing hands.
Analysts Set New Price Targets
A number of brokerages have issued reports on SSREY. Berenberg Bank raised shares of Swiss Re to a "strong-buy" rating in a research report on Monday, November 11th. Citigroup raised shares of Swiss Re to a "strong-buy" rating in a research report on Monday, November 18th. UBS Group raised shares of Swiss Re from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, November 11th. Hsbc Global Res lowered shares of Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Finally, The Goldman Sachs Group upgraded shares of Swiss Re from a "strong sell" rating to a "hold" rating in a report on Friday, December 13th. Three investment 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.com, the company has an average rating of "Buy".
Get Our Latest Stock Report on SSREY
Swiss Re Stock Performance
The firm's 50 day moving average price is $37.37 and its two-hundred day moving average price is $34.96.
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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