FY2024 Earnings Estimate for Swiss Re AG (OTCMKTS:SSREY) Issued By Jefferies Financial Group

Swiss Re AG (OTCMKTS:SSREYGet Rating) – Research analysts at Jefferies Financial Group raised their FY2024 earnings per share (EPS) estimates for shares of Swiss Re in a report issued on Tuesday, August 2nd. Jefferies Financial Group analyst P. Kett now expects that the financial services provider will earn $3.73 per share for the year, up from their previous forecast of $3.51. The consensus estimate for Swiss Re’s current full-year earnings is $1.20 per share.

SSREY has been the topic of a number of other reports. Societe Generale reduced their target price on shares of Swiss Re from CHF 98 to CHF 87 in a research report on Monday, July 25th. JPMorgan Chase & Co. reduced their target price on shares of Swiss Re from CHF 105 to CHF 100 in a research report on Thursday, April 14th. Morgan Stanley cut their price objective on shares of Swiss Re from CHF 95 to CHF 85 in a report on Tuesday, May 10th. Barclays lowered shares of Swiss Re from an “overweight” rating to an “equal weight” rating in a report on Friday, July 1st. Finally, HSBC lowered shares of Swiss Re from a “buy” rating to a “hold” rating in a report on Tuesday, June 14th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $90.86.

Swiss Re Trading Up 1.3 %

Shares of OTCMKTS:SSREY opened at $18.83 on Wednesday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.44. Swiss Re has a 12 month low of $18.00 and a 12 month high of $27.75. The company has a 50-day moving average price of $19.27 and a 200 day moving average price of $22.01.

About Swiss Re

(Get Rating)

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 Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.

Further Reading

Earnings History and Estimates for Swiss Re (OTCMKTS:SSREY)

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