Swiss Re AG (SSREF) Gets a Hold from Jefferies

In a report released today, Philip Kett from Jefferies maintained a Hold rating on Swiss Re AG, with a price target of CHF99.00. The company’s shares closed yesterday at $192.25.

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Kett covers the Financial sector, focusing on stocks such as Munich Reinsurance, Allianz, and Assicurazioni Generali S.p.A.. According to TipRanks, Kett has an average return of 15.3% and an 81.70% success rate on recommended stocks.

Swiss Re AG has an analyst consensus of Hold, with a price target consensus of $177.67, a -7.58% downside from current levels. In a report released on September 23, J.P. Morgan also downgraded the stock to a Hold with a CHF160.00 price target.

The company has a one-year high of $194.69 and a one-year low of $126.42. Currently, Swiss Re AG has an average volume of 910.

Based on the recent corporate insider activity of 7 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.