In a report released today, William Hardcastle from UBS maintained a Buy rating on Swiss Re AG (SSREF – Research Report), with a price target of CHF150.00. The company’s shares opened today at $167.00.
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According to TipRanks, Hardcastle is a 4-star analyst with an average return of 3.3% and a 61.07% success rate. Hardcastle covers the Financial sector, focusing on stocks such as Hannover Rueck, Munich Reinsurance, and Zurich Insurance Group.
In addition to UBS, Swiss Re AG also received a Buy from Berenberg Bank’s Michael Huttner in a report issued on June 16. However, yesterday, Morgan Stanley downgraded Swiss Re AG (Other OTC: SSREF) to a Sell.
SSREF market cap is currently $48.94B and has a P/E ratio of 15.44.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSREF in relation to earlier this year.
Read More on SSREF:
- Swiss Re downgraded to Underweight from Equal Weight at Morgan Stanley
- Swiss Re’s SONAR 2025 Report Highlights Extreme Heat as a Major Emerging Risk
- Swiss Re downgraded to Underweight from Equal Weight at Barclays
- Swiss Re downgraded to Underperform from Neutral at BNP Paribas Exane
- Swiss Re price target raised to CHF 169 from CHF 165 at Citi
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