Shares of Swiss Re AG (VTX:SREN) have been given an average recommendation of “Hold” by the twenty-two brokerages that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is CHF 97.32.
Several brokerages have recently commented on SREN. Barclays set a CHF 97.70 target price on shares of Swiss Re and gave the company a “buy” rating in a research note on Monday, December 11th. DZ Bank restated a “buy” rating on shares of Swiss Re in a research note on Tuesday, January 16th. UBS Group set a CHF 84 target price on shares of Swiss Re and gave the company a “sell” rating in a research note on Friday, January 5th. Goldman Sachs Group set a CHF 95 target price on shares of Swiss Re and gave the company a “neutral” rating in a research note on Thursday, December 7th. Finally, Commerzbank set a CHF 98 target price on shares of Swiss Re and gave the company a “sell” rating in a research note on Monday, January 22nd.
Shares of Swiss Re (VTX:SREN) traded down CHF 0.70 during trading on Friday, reaching CHF 95.54. 1,340,000 shares of the company’s stock traded hands, compared to its average volume of 2,210,000. The company has a market cap of $33,260.00 and a price-to-earnings ratio of 140.50. Swiss Re has a 12-month low of CHF 81.65 and a 12-month high of CHF 98.80.
About Swiss Re
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
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