Barclays cuts Swiss Re stock target to CHF 124

Published on 10/27/2026 at 11:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barclays cut its target for Swiss Re to CHF 124 on October 23, 2026. The next results for Swiss Re stock are scheduled for November 4, 2026.

Analyst caution meets earnings date

On October 23, 2026, Barclays cut its Swiss Re target to CHF 124.
Swiss Re reported USD 1.5 billion in net income for the first quarter of 2026.
Swiss Re stock trades at EUR 166.05 at 11:22 a.m. CEST at Lang & Schwarz on October 27, 2026.

Swiss Re, CH0126881561, Illustration mit AI erstellt.

Swiss Re (ISIN CH0126881561) became the subject of a fresh target cut as Barclays lowered its price target from CHF 125 to CHF 124 on October 23, 2026, while keeping its Underweight rating, according to Goldesel. The small target reduction leaves the upcoming earnings release as the next concrete test for the insurer.

Target cuts stay defensive

The Barclays decision followed several cautious analyst changes in October. The bank retained Underweight, showing that the lower target reflected valuation and operating concerns rather than a change toward a more positive view.

Swiss Re reported USD 1.5 billion in net income for the first quarter of 2026 on its investor page. That figure provides a recent profitability reference before the company publishes its nine-month performance.

Three target moves in October

On October 14, 2026, Jefferies downgraded Swiss Re to Underperform and cut its target from CHF 130 to CHF 110, warning that softer reinsurance pricing could weigh on revenue, as Investing.com reported. On October 20, 2026, RBC raised its target from CHF 115 to CHF 120 but kept Underperform, while Barclays lowered its target from CHF 125 to CHF 124 on October 23, 2026, according to Goldesel.

What comes with the earnings date?

The next reporting date is listed as November 4, 2026, for the third-quarter earnings release in the calendar shown by Marketscreener. The release will help investors compare the latest result with the USD 1.5 billion net income reported for the first quarter and assess whether pricing pressure is offset by investment income.

Swiss Re stock and the next test

Swiss Re was last at CHF 153.20 on SIX at 12:14 p.m. CEST on October 27, 2026. Its market capitalization was CHF 45.2 billion, while the 52-week range stood at CHF 114.05 to CHF 154.75 on the same date. The euro quotation was higher, with the stock at EUR 166.05 at Lang & Schwarz at 11:22 a.m. CEST on October 27, 2026.

The further course of trading is shown by the continuously updated real-time quote of Swiss Re stock.