Swiss Re (VTX:SREN) received a CHF 62 target price from Jefferies Financial Group in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock.
Several other research analysts have also weighed in on SREN. Barclays set a CHF 91 target price on Swiss Re and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Credit Suisse Group set a CHF 97 price target on Swiss Re and gave the stock a “buy” rating in a research note on Thursday, April 9th. Berenberg Bank set a CHF 99 price target on Swiss Re and gave the stock a “buy” rating in a research note on Monday, July 27th. Royal Bank of Canada set a CHF 100 price target on Swiss Re and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, UBS Group set a CHF 93 price target on Swiss Re and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of CHF 90.11.
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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