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Swiss Re (OTCMKTS:SSREY) Stock Passes Above 50 Day Moving Average - What's Next?

Swiss Re logo with Finance background

Swiss Re AG (OTCMKTS:SSREY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $34.79 and traded as high as $36.60. Swiss Re shares last traded at $36.07, with a volume of 24,795 shares.

Analyst Ratings Changes

SSREY has been the subject of several recent research reports. Citigroup raised shares of Swiss Re to a "strong-buy" rating in a report on Monday, November 18th. UBS Group raised Swiss Re from a "strong sell" rating 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. Keefe, Bruyette & Woods upgraded Swiss Re from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, November 20th. Finally, Berenberg Bank raised Swiss Re to a "strong-buy" rating in a report on Monday, November 11th. Two analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Swiss Re presently has a consensus rating of "Buy".

View Our Latest Stock Report on Swiss Re

Swiss Re Stock Up 0.3 %

The business's 50 day moving average is $34.83 and its 200-day moving average is $33.05.

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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