Swiss Re: UBS raises target price
(CercleFinance.com) - UBS confirms its buy recommendation on Suiss Re shares, while raising its target price for them to 155 CHF (from 150 CHF).
This new TP gives the stock 7% upside potential.
Swiss Re's FY 2024 results and lower forest fire losses reinforce confidence in a net profit target of $4.4bn in 2025. Share buybacks are still expected - a key element of our buy thesis, the broker says.
Swiss Re also expects its cost discipline to result in a reduction of around $300m in operating expenses by 2027, UBS adds.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
This new TP gives the stock 7% upside potential.
Swiss Re's FY 2024 results and lower forest fire losses reinforce confidence in a net profit target of $4.4bn in 2025. Share buybacks are still expected - a key element of our buy thesis, the broker says.
Swiss Re also expects its cost discipline to result in a reduction of around $300m in operating expenses by 2027, UBS adds.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.