Swiss Re (OTCMKTS:SSREY) Stock Rating Cut to Hold at DZ Bank

DZ Bank lowered shares of Swiss Re (OTCMKTS:SSREY) from a strong-buy rating to a hold rating in a report published on Tuesday morning,Zacks reports.

Separately, Jefferies Financial Group cut shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, October 14th. Four research analysts have rated the stock with a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Strong Sell”.

Swiss Re Price Performance

Shares of SSREY opened at $45.31 on Tuesday. The company’s fifty day moving average is $44.18 and its two-hundred day moving average is $41.67. Swiss Re has a 1 year low of $36.01 and a 1 year high of $49.18.

Swiss Re Company Profile

Swiss Re is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, it provides risk-transfer and risk-management services to insurance companies, businesses and public-sector organizations. The company’s principal activities include property and casualty reinsurance, life and health reinsurance, and commercial insurance through its Corporate Solutions business. Its offerings help clients manage risks ranging from natural catastrophes and large commercial losses to mortality, health and longevity risks.