Swiss Re (OTCMKTS:SSREY) Sets New 12-Month High – Here’s What Happened

Swiss Re AG (OTCMKTS:SSREYGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.61 and last traded at $42.42, with a volume of 17430 shares. The stock had previously closed at $41.99.

Analysts Set New Price Targets

Several research analysts have commented on SSREY shares. The Goldman Sachs Group raised shares of Swiss Re from a “strong sell” rating to a “hold” rating in a report on Friday, December 13th. Hsbc Global Res cut Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

View Our Latest Stock Analysis on Swiss Re

Swiss Re Stock Performance

The firm’s 50-day simple moving average is $39.72 and its 200-day simple moving average is $36.62.

About Swiss Re

(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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