Swiss Re (OTCMKTS:SSREY) Reaches New 52-Week High – Here’s What Happened

Shares of Swiss Re AG (OTCMKTS:SSREY) hit a new 52-week high during trading on Tuesday . The stock traded as high as $41.37 and last traded at $40.89, with a volume of 15375 shares traded. The stock had previously closed at $40.10.

Wall Street Analyst Weigh In

SSREY has been the topic of a number of research reports. Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 18th. Keefe, Bruyette & Woods upgraded shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a report on Wednesday, November 20th. UBS Group upgraded Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, November 11th. Hsbc Global Res lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group upgraded Swiss Re from a “strong sell” rating to a “hold” rating in a report on Friday, December 13th. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Swiss Re Stock Up 2.0 %

The business’s 50 day simple moving average is $37.98 and its two-hundred day simple moving average is $35.70.

Swiss Re Company Profile

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.