BNP Paribas Exane analyst Dominic O’Mahony downgraded Swiss Re (SSREY) to Underperform from Neutral with a CHF 133 price target The “margin for error” in European insurance has eroded at current valuation levels, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSREY: