Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Receives Consensus Rating of “Hold” from Brokerages

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGYGet Rating) has earned an average rating of “Buy” from the eleven brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $277.00.

A number of equities research analysts recently issued reports on the stock. Morgan Stanley lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from an “overweight” rating to an “equal weight” rating in a report on Tuesday, April 5th. Societe Generale raised Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “hold” rating to a “buy” rating in a report on Tuesday, March 29th. The Goldman Sachs Group assumed coverage on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a research report on Thursday, February 10th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft decreased their price target on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €275.00 ($302.20) to €260.00 ($285.71) in a report on Wednesday, March 16th. Finally, JPMorgan Chase & Co. lowered their price objective on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €335.00 ($368.13) to €330.00 ($362.64) in a research report on Thursday, February 24th.

MURGY stock traded up $0.13 during trading on Wednesday, reaching $26.20. 105,613 shares of the stock were exchanged, compared to its average volume of 100,226. The stock has a 50 day simple moving average of $27.59 and a 200-day simple moving average of $28.56. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.01. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $22.27 and a twelve month high of $31.95. The company has a market capitalization of $36.71 billion, a P/E ratio of 10.51 and a beta of 1.07.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile (Get Rating)

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through five segments: Life and Health Reinsurance; Property-Casualty Reinsurance; ERGO Life and Health Germany; ERGO Property-Casualty Germany; and ERGO International.

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Analyst Recommendations for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY)

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