Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Price Target Raised to €320.00 at Barclays

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGYGet Rating) had its target price increased by Barclays from €278.00 ($283.67) to €320.00 ($326.53) in a report released on Tuesday morning, The Fly reports. Barclays currently has an overweight rating on the financial services provider’s stock.

Several other research analysts have also recently weighed in on MURGY. Royal Bank of Canada lifted their price target on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €243.00 ($247.96) to €290.00 ($295.92) in a research report on Monday, November 14th. Societe Generale reduced their price target on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €275.00 ($280.61) to €265.00 ($270.41) and set a buy rating for the company in a research report on Monday, July 25th. JPMorgan Chase & Co. lifted their price target on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €325.00 ($331.63) to €330.00 ($336.73) in a research report on Wednesday, November 9th. Credit Suisse Group lifted their price target on Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from €242.00 ($246.94) to €246.00 ($251.02) and gave the company an underperform rating in a research report on Friday, October 21st. Finally, UBS Group cut Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a buy rating to a neutral rating in a research report on Thursday, September 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $288.38.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Up 1.1 %

Shares of MURGY stock opened at $30.47 on Tuesday. The stock has a 50 day moving average of $26.13 and a 200 day moving average of $24.43. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.22. The stock has a market cap of $42.69 billion, a P/E ratio of 14.04, a P/E/G ratio of 0.76 and a beta of 0.86. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $21.21 and a twelve month high of $31.95.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

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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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