In a report released today, Edward Morris from J.P. Morgan maintained a Buy rating on Swiss Re AG (SSREF), with a price target of CHF94.00. The company’s shares closed last Wednesday at $81.60.
According to TipRanks.com, Morris is ranked #4583 out of 6832 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Swiss Re AG with a $95.15 average price target, representing a 16.6% upside. In a report issued on July 16, RBC Capital also maintained a Buy rating on the stock with a CHF100.00 price target.
See today’s analyst top recommended stocks >>
Swiss Re AG’s market cap is currently $23.74B and has a P/E ratio of 34.10. The company has a Price to Book ratio of 0.88.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
