Swiss Re Ltd. (OTCMKTS:SSREY) Stock Now Rated “Strong Sell” by Sell-Side Analysts

Shares of Swiss Re Ltd. (OTCMKTS:SSREY) have earned an average recommendation of “Strong Sell” from the nine research firms that are presently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

SSREY has been the topic of several recent analyst reports. DZ Bank cut Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 10th. Jefferies Financial Group lowered shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, October 14th.

Swiss Re Stock Up 0.5%

Shares of OTCMKTS:SSREY traded up $0.24 during mid-day trading on Friday, hitting $45.62. 17,008 shares of the company traded hands, compared to its average volume of 37,449. Swiss Re has a 12-month low of $36.01 and a 12-month high of $49.18. The stock has a 50-day moving average price of $44.23 and a two-hundred day moving average price of $41.73.

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.