UBS AG set a CHF 79 price objective on Swiss Re AG (VTX:SREN) in a research note published on Tuesday morning, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.
A number of other equities analysts have also recently issued reports on SREN. Deutsche Bank AG set a CHF 104 target price on Swiss Re AG and gave the stock a buy rating in a report on Tuesday, June 20th. J P Morgan Chase & Co set a CHF 110 price target on Swiss Re AG and gave the stock a buy rating in a research report on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a CHF 99 price target on Swiss Re AG and gave the stock a buy rating in a research report on Tuesday, July 4th. HSBC Holdings plc set a CHF 103 price target on Swiss Re AG and gave the stock a buy rating in a research report on Tuesday, July 4th. Finally, Morgan Stanley set a CHF 104.30 price target on Swiss Re AG and gave the stock a buy rating in a research report on Friday, July 21st. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of Hold and an average target price of CHF 93.01.
Swiss Re AG (VTX:SREN) opened at 91.45 on Tuesday. The firm has a market cap of CHK 29.41 billion and a price-to-earnings ratio of 11.18. Swiss Re AG has a 52-week low of CHK 81.65 and a 52-week high of CHK 98.50. The company’s 50-day moving average price is CHK 86.76 and its 200-day moving average price is CHK 88.68.
About Swiss Re AG
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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