Swiss Re (OTCMKTS:SSREY) Sets New 52-Week High – Still a Buy?

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

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on Swiss Re

Swiss Re Trading Up 1.8 %

The firm has a fifty day moving average of $39.72 and a two-hundred day moving average of $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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