Several other equities analysts also recently issued reports on SREN. Berenberg Bank set a CHF 99 price objective on shares of Swiss Re and gave the company a neutral rating in a report on Tuesday, June 19th. Deutsche Bank set a CHF 101 price target on shares of Swiss Re and gave the stock a neutral rating in a research note on Thursday, June 21st. Goldman Sachs Group set a CHF 103 price target on shares of Swiss Re and gave the stock a buy rating in a research note on Friday, June 29th. Royal Bank of Canada set a CHF 99 price target on shares of Swiss Re and gave the stock a neutral rating in a research note on Thursday, July 12th. Finally, Kepler Capital Markets set a CHF 108 price target on shares of Swiss Re and gave the stock a buy rating in a research note on Monday, July 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the stock. Swiss Re currently has a consensus rating of Hold and an average price target of CHF 99.44.
SREN traded up CHF 0.26 during midday trading on Friday, hitting CHF 97.12. 1,710,000 shares of the company traded hands, compared to its average volume of 2,140,000. Swiss Re has a 52-week low of CHF 81.65 and a 52-week high of CHF 98.80.
About Swiss Re
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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