JPMorgan Chase & Co. Lowers Swiss Life (OTCMKTS:SWSDF) to Underweight

JPMorgan Chase & Co. lowered shares of Swiss Life (OTCMKTS:SWSDF) from a neutral rating to an underweight rating in a report issued on Monday morning, The Fly reports.

Separately, UBS Group downgraded shares of Swiss Life from a buy rating to a neutral rating in a report on Monday, July 1st.

Shares of OTCMKTS SWSDF opened at $489.21 on Monday. Swiss Life has a 12-month low of $359.25 and a 12-month high of $500.00. The firm’s 50-day moving average is $478.83 and its two-hundred day moving average is $465.06.

Swiss Life Company Profile

Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, Asset Managers, and Other segments. The company offers a range of life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

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