JPMorgan Chase & Co. Reaffirms Overweight Rating for SWISS RE LTD/S (OTCMKTS:SSREY)

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of SWISS RE LTD/S (OTCMKTS:SSREY) in a research note issued to investors on Tuesday, The Fly reports.

SSREY has been the subject of a number of other reports. Deutsche Bank reaffirmed a hold rating on shares of SWISS RE LTD/S in a research report on Monday, May 4th. Royal Bank of Canada raised shares of SWISS RE LTD/S from a sector perform rating to an outperform rating in a research report on Monday, June 8th. Barclays reaffirmed an overweight rating on shares of SWISS RE LTD/S in a research report on Wednesday, July 1st. UBS Group reissued a buy rating on shares of SWISS RE LTD/S in a research report on Friday, May 1st. Finally, Zacks Investment Research raised shares of SWISS RE LTD/S from a sell rating to a hold rating in a research report on Saturday, July 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. SWISS RE LTD/S has an average rating of Hold and an average price target of $21.00.

SSREY opened at $19.93 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.31 and a quick ratio of 0.31. SWISS RE LTD/S has a fifty-two week low of $13.50 and a fifty-two week high of $29.71. The firm has a market capitalization of $25.43 billion, a PE ratio of 33.22 and a beta of 0.64. The company’s 50-day moving average is $18.80 and its 200 day moving average is $21.89.

About SWISS RE LTD/S

Swiss Re Ltd, together with its subsidiaries, provides wholesale reinsurance, insurance, and other insurance-based forms of risk transfer worldwide. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Life Capital. It underwrites property reinsurance, including credit and surety, engineering, aviation, marine, agriculture, and retakaful; casualty reinsurance, such as liability, motor, worker's compensation, personal accident, management and professional liability, cyber, footer, and share price, as well as life and health insurance products.

See Also: How to calculate compound interest

The Fly

Analyst Recommendations for SWISS RE LTD/S (OTCMKTS:SSREY)

Receive News & Ratings for SWISS RE LTD/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SWISS RE LTD/S and related companies with MarketBeat.com's FREE daily email newsletter.