Swiss Re (VTX:SREN) has been given a CHF 120 price target by research analysts at Goldman Sachs Group in a research report issued on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock.
Several other research analysts have also commented on SREN. Royal Bank of Canada set a CHF 109 price objective on shares of Swiss Re and gave the stock a “neutral” rating in a research note on Friday. Jefferies Financial Group set a CHF 99 target price on shares of Swiss Re and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Credit Suisse Group set a CHF 118 price target on shares of Swiss Re and gave the stock a “buy” rating in a report on Friday, November 1st. DZ Bank reaffirmed a “buy” rating on shares of Swiss Re in a research report on Tuesday, September 10th. Finally, Barclays set a CHF 112.80 price target on Swiss Re and gave the stock a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of CHF 109.23.
Swiss Re has a 1-year low of CHF 81.65 and a 1-year high of CHF 98.80.
Swiss Re AG is a wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The Company operates in four segments: Property&Casualty Reinsurance, Life&Health Reinsurance, Corporate Solutions and Life Capital. Its Reinsurance Unit provides premiums and fee income through Property&Casualty and Life&Health segments.
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