Berenberg Bank Reiterates €324.00 Price Target for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (FRA:MUV2)

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (FRA:MUV2Get Rating) has been assigned a €324.00 ($348.39) target price by Berenberg Bank in a report issued on Wednesday, Borsen Zeitung reports. Berenberg Bank’s price target suggests a potential upside of 35.85% from the company’s current price.

FRA:MUV2 traded down €3.00 ($3.23) during trading hours on Wednesday, hitting €238.50 ($256.45). 414,469 shares of the stock were exchanged. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 52-week low of €166.59 ($179.13) and a 52-week high of €198.95 ($213.92). The firm’s fifty day moving average price is €243.68 and its 200 day moving average price is €252.27.

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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