Citigroup set a CHF 88 price target on Swiss Re (VTX:SREN) in a research report released on Friday. The brokerage currently has a neutral rating on the stock.
Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada set a CHF 91 price objective on shares of Swiss Re and gave the stock a neutral rating in a report on Wednesday, September 20th. Goldman Sachs Group set a CHF 95 price objective on shares of Swiss Re and gave the stock a neutral rating in a report on Monday, November 6th. Credit Suisse Group set a CHF 89 price target on shares of Swiss Re and gave the company a neutral rating in a report on Friday, October 27th. Commerzbank set a CHF 92 price target on shares of Swiss Re and gave the company a sell rating in a report on Thursday, November 2nd. Finally, UBS Group set a CHF 80 price target on shares of Swiss Re and gave the company a sell rating in a report on Monday, September 18th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. Swiss Re currently has a consensus rating of Hold and an average target price of CHF 95.56.
Swiss Re (SREN) traded up CHF 0.94 on Friday, hitting CHF 92.96. 1,530,000 shares of the company were exchanged, compared to its average volume of 1,520,000. The stock has a market capitalization of $32,410.00 and a P/E ratio of 11.68. Swiss Re has a one year low of CHF 81.65 and a one year high of CHF 96.65.
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Swiss Re Company Profile
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
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