Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Given Average Rating of “Hold” by Analysts

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGYGet Rating) has been given an average rating of “Buy” by the eleven research firms that are presently covering the company, Marketbeat reports. One research 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 12 month price target among brokers that have issued a report on the stock in the last year is $275.25.

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €335.00 ($360.22) to €330.00 ($354.84) in a research note on Thursday, February 24th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €275.00 ($295.70) to €260.00 ($279.57) in a research note on Wednesday, March 16th. The Goldman Sachs Group initiated coverage on shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München in a research note on Thursday, February 10th. They set a “buy” rating for the company. Societe Generale raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “hold” rating to a “buy” rating in a research note on Tuesday, March 29th. Finally, Morgan Stanley downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, April 5th.

Shares of OTCMKTS:MURGY opened at $23.65 on Friday. The company has a market cap of $33.13 billion, a price-to-earnings ratio of 9.54 and a beta of 1.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.24 and a quick ratio of 0.24. The firm has a 50 day simple moving average of $26.07 and a 200 day simple moving average of $28.31. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a one year low of $22.27 and a one year high of $31.95.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGYGet Rating) last issued its quarterly earnings data on Wednesday, February 23rd. The financial services provider reported $0.71 EPS for the quarter. The business had revenue of $19.08 billion during the quarter. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 4.44% and a return on equity of 9.56%.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (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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