SWISS RE LTD/S (OTCMKTS:SSREY) Lowered to “Sell” at Zacks Investment Research

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SWISS RE LTD/S (OTCMKTS:SSREY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Friday, Zacks.com reports.

According to Zacks, “Swiss Reinsurance Company Ltd operates as a reinsurance company. The Company offers automobile, liability, accident, engineering, marine, aviation, life, and health insurance. It provides wholesale reinsurance products, insurance-based capital market instruments, and supplementary risk management services to Property & Casualty and Life & Health clients and brokers around the globe. Swiss Reinsurance Company Ltd headquartered in Zurich, Switzerland. “

Separately, Deutsche Bank cut shares of SWISS RE LTD/S from a “buy” rating to a “hold” rating in a research note on Monday, May 6th.

OTCMKTS SSREY traded down $0.09 during trading on Friday, reaching $24.71. The company’s stock had a trading volume of 205 shares, compared to its average volume of 33,538. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $35.73 billion, a PE ratio of 72.68 and a beta of 0.30. SWISS RE LTD/S has a 1-year low of $21.16 and a 1-year high of $25.49.

About SWISS RE LTD/S

Swiss Re Ltd, together with its subsidiaries, provides wholesale reinsurance, insurance, and other insurance-based forms of risk transfer worldwide. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Life Capital. It underwrites property reinsurance, including credit and surety, engineering, aviation, marine, agriculture, and retakaful; casualty reinsurance, such as liability, motor, worker's compensation, personal accident, management and professional liability, cyber, footer, and share price, as well as life and health insurance products.

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