Swiss Re AG (SSREF) Gets a Buy Rating from RBC Capital

RBC Capital analyst Kamran Hossain maintained a Buy rating on Swiss Re AG (SSREFResearch Report) today and set a price target of CHF98.00. The company’s shares closed last Friday at $92.62.

Hossain has an average return of 11.2% when recommending Swiss Re AG.

According to TipRanks.com, Hossain is ranked #2285 out of 7331 analysts.

Swiss Re AG has an analyst consensus of Moderate Buy, with a price target consensus of $102.64, implying a 10.8% upside from current levels. In a report issued on February 19, J.P. Morgan also maintained a Buy rating on the stock with a CHF94.00 price target.

See today’s analyst top recommended stocks >>

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 685.

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.

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.