UBS has raised its price target for Swiss Re to 150 francs, while maintaining a "Buy" rating.
Analyst Will Hardcastle has adjusted his net income forecast for the reinsurer, projecting it to exceed USD 4.5 billion in 2025. This adjustment is based on expectations of an improved combined ratio and positive earnings momentum anticipated from the upcoming Capital Markets Day scheduled for mid-December.
Swiss Re shares were priced at 136.95 francs, showing a slight decline of 0.21% from the previous day. The stock has reached a year-high of 140.08 francs and a year-low of 107.39 francs.