Swiss Re (OTCMKTS:SSREY) Upgraded by Berenberg Bank to Strong-Buy Rating

Swiss Re (OTCMKTS:SSREY) was upgraded by stock analysts at Berenberg Bank to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

SSREY has been the topic of several other research reports. UBS Group raised Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research note on Monday. The Goldman Sachs Group raised Swiss Re to a “strong sell” rating in a research note on Wednesday, September 18th.

Swiss Re Price Performance

OTCMKTS:SSREY traded down $0.12 during mid-day trading on Monday, reaching $33.99. 34,330 shares of the stock were exchanged, compared to its average volume of 21,769. The business has a fifty day moving average price of $33.59 and a 200 day moving average price of $31.81. Swiss Re has a 1-year low of $26.66 and a 1-year high of $35.01.

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.