Zacks Investment Research Lowers Swiss Re AG – (SSREY) to Sell

Zacks Investment Research lowered shares of Swiss Re AG – (NASDAQ:SSREY) from a hold rating to a sell rating in a research note issued to investors on Friday.

According to Zacks, “Swiss Reinsurance Company Ltd operates as a reinsurance company. The Company offers automobile, liability, accident, engineering, marine, aviation, life, and health insurance. It provides wholesale reinsurance products, insurance-based capital market instruments, and supplementary risk management services to Property & Casualty and Life & Health clients and brokers around the globe. Swiss Reinsurance Company Ltd headquartered in Zurich, Switzerland. “

Several other brokerages have also weighed in on SSREY. Societe Generale lowered shares of Swiss Re AG – from a buy rating to a hold rating in a report on Thursday, September 1st. Citigroup Inc. lowered shares of Swiss Re AG – from a neutral rating to a sell rating in a report on Thursday, August 18th. Finally, Barclays PLC lowered shares of Swiss Re AG – from an equal weight rating to an underweight rating in a report on Friday, September 9th.

Swiss Re AG – (NASDAQ:SSREY) opened at 22.69 on Friday. Swiss Re AG – has a 12 month low of $20.10 and a 12 month high of $25.10. The firm’s 50-day moving average is $21.62 and its 200 day moving average is $21.97. The firm has a market capitalization of $30.10 billion and a price-to-earnings ratio of 7.97.

Swiss Re AG – Company Profile

Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company’s clients include insurance companies, mid- to large-sized corporations and public sector clients. Its segments include Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Admin Re.

5 Day Chart for NASDAQ:SSREY

Get a free copy of the Zacks research report on Swiss Re AG – (SSREY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Swiss Re AG - Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiss Re AG - and related companies with's FREE daily email newsletter.

Leave a Reply

© 2006-2016 Mideast Time.