In a report issued on October 9, Ivan Bokhmat from Barclays maintained a Buy rating on Swiss Re AG (SSREF), with a price target of CHF91.00. The company’s shares closed last Friday at $77.90.
According to TipRanks.com, Bokhmat is ranked #2038 out of 7010 analysts.
Currently, the analyst consensus on Swiss Re AG is a Moderate Buy with an average price target of $97.85, which is a 25.6% upside from current levels. In a report issued on September 30, RBC Capital also maintained a Buy rating on the stock with a CHF100.00 price target.
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The company has a one-year high of $118.20 and a one-year low of $54.09. Currently, Swiss Re AG has an average volume of 295.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SSREF in relation to earlier this year.
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Swiss Re is the second- largest reinsurer in the world. The business offers a wide range of property and casualty reinsurance, as well as life and health. It also has a corporate primary insurance operation. Based in Zurich, Swiss Re operates in over 20 countries.
