Swiss Re (OTCMKTS:SSREY) Rating Increased to Strong-Buy at Berenberg Bank

Berenberg Bank upgraded shares of Swiss Re (OTCMKTS:SSREY) to a strong-buy rating in a report released on Monday,Zacks.com reports.

Other research analysts also recently issued research reports about the stock. UBS Group upgraded shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research report on Monday. The Goldman Sachs Group upgraded Swiss Re to a “strong sell” rating in a research note on Wednesday, September 18th.

Swiss Re Trading Down 0.4 %

OTCMKTS SSREY traded down $0.12 during trading hours on Monday, hitting $33.99. 34,330 shares of the company’s stock were exchanged, compared to its average volume of 21,769. Swiss Re has a 1-year low of $26.66 and a 1-year high of $35.01. The stock has a 50-day simple moving average of $33.59 and a 200 day simple moving average of $31.81.

About Swiss Re

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.