Swiss Re (OTCMKTS:SSREY) Sets New 1-Year High – What’s Next?

Swiss Re AG (OTCMKTS:SSREY) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $41.37 and last traded at $40.89, with a volume of 15375 shares traded. The stock had previously closed at $40.10.

Analyst Upgrades and Downgrades

SSREY has been the subject of a number of research reports. Citigroup raised Swiss Re to a “strong-buy” rating in a research report on Monday, November 18th. Hsbc Global Res cut Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group raised Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. UBS Group raised Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, November 11th. Finally, Keefe, Bruyette & Woods raised Swiss Re from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, November 20th. Three investment analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy”.

Swiss Re Stock Performance

The stock has a 50 day simple moving average of $38.18 and a two-hundred day simple moving average of $35.81.

Swiss Re Company Profile

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.