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

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

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

Swiss Re Price Performance

Shares of OTCMKTS SSREY opened at $35.87 on Monday. Swiss Re has a twelve month low of $26.66 and a twelve month high of $36.08. The company’s fifty day moving average is $33.73 and its 200-day moving average is $32.09.

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.