UBS AG has increased its price target for Swiss Re shares to 150 francs, while maintaining a "Buy" rating.
Analyst Will Hardcastle has raised his forecast for Swiss Re's net income in 2025 to over 4.5 billion US dollars, expecting an improved combined ratio.
The upcoming capital markets day in mid-December is anticipated to generate positive earnings momentum.
On the SIX SX exchange, Swiss Re's share price increased by 0.7 percent to CHF 123.20, indicating a potential upside of 21.75 percent based on the new price target.
The stock has appreciated by 30.3 percent since the beginning of 2024.
Swiss Re is set to release its Q4 2024 profit and sales figures on February 27, 2025.