Royal Bank of Canada set a CHF 100 price objective on (SREN) (VTX:SREN) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also weighed in on SREN. Credit Suisse Group set a CHF 81 target price on (SREN) and gave the stock a neutral rating in a research note on Tuesday, September 29th. JPMorgan Chase & Co. set a CHF 100 price target on (SREN) and gave the stock a buy rating in a research report on Monday, September 7th. Barclays set a CHF 91 price target on (SREN) and gave the stock a buy rating in a research report on Monday, October 12th. Morgan Stanley set a CHF 83 price target on (SREN) and gave the stock a neutral rating in a research report on Monday, August 10th. Finally, Berenberg Bank set a CHF 99 price target on (SREN) and gave the stock a buy rating in a research report on Monday, July 27th. Four equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of CHF 89.70.
(SREN) has a 1-year low of CHF 81.65 and a 1-year high of CHF 98.80.
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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