Citigroup Upgrades Swiss Re (OTCMKTS:SSREY) to Strong-Buy

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

Other equities analysts have also recently issued reports about the company. Berenberg Bank raised Swiss Re to a “strong-buy” rating in a report on Monday, November 11th. The Goldman Sachs Group upgraded shares of Swiss Re to a “strong sell” rating in a research note on Wednesday, September 18th. Finally, UBS Group upgraded Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, November 11th.

Swiss Re Trading Up 0.3 %

OTCMKTS SSREY opened at $35.40 on Monday. The company has a 50 day moving average of $33.65 and a 200-day moving average of $32.04. Swiss Re has a 1-year low of $26.66 and a 1-year high of $35.53.

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.