Swiss Re (OTCMKTS:SSREY) Price Target Raised to CHF 83 at Barclays

Swiss Re (OTCMKTS:SSREYGet Rating) had its price target raised by Barclays from CHF 79 to CHF 83 in a report released on Tuesday, The Fly reports. Barclays currently has an equal weight rating on the financial services provider’s stock.

SSREY has been the subject of several other research reports. UBS Group reduced their price target on shares of Swiss Re from CHF 71 to CHF 68 and set a sell rating for the company in a report on Tuesday, November 1st. Morgan Stanley reduced their price target on shares of Swiss Re from CHF 78 to CHF 71 in a report on Monday, November 7th. Societe Generale lowered shares of Swiss Re from a buy rating to a hold rating in a report on Tuesday. Credit Suisse Group reduced their price target on shares of Swiss Re from CHF 91 to CHF 87 and set an outperform rating for the company in a report on Wednesday, October 12th. Finally, DZ Bank raised shares of Swiss Re from a hold rating to a buy rating in a research report on Thursday, August 4th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of Hold and a consensus price target of $84.43.

Swiss Re Stock Performance

OTCMKTS:SSREY opened at $21.06 on Tuesday. Swiss Re has a one year low of $17.26 and a one year high of $27.75. The firm has a 50-day simple moving average of $19.31 and a 200-day simple moving average of $19.48.

About Swiss Re

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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.

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