M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Given Consensus Recommendation of “Hold” by Brokerages

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) has been given a consensus recommendation of “Hold” by the six analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.

Several equities research analysts have recently weighed in on MURGY shares. Hsbc Global Res raised M�nchener R�ckversicherungs-Gesellschaft to a “hold” rating in a research note on Monday, April 28th. Keefe, Bruyette & Woods lowered M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “moderate sell” rating in a report on Friday, June 6th. Finally, The Goldman Sachs Group lowered M�nchener R�ckversicherungs-Gesellschaft from a “strong-buy” rating to a “hold” rating in a report on Monday, March 24th.

M�nchener R�ckversicherungs-Gesellschaft Stock Up 2.1%

MURGY opened at $13.01 on Wednesday. M�nchener R�ckversicherungs-Gesellschaft has a 12 month low of $9.29 and a 12 month high of $14.10. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $84.96 billion, a P/E ratio of 6.28, a P/E/G ratio of 1.35 and a beta of 0.72. The stock’s 50 day moving average price is $13.19 and its 200 day moving average price is $11.91.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last issued its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.71. The firm had revenue of $16.63 billion during the quarter, compared to analyst estimates of $19.09 billion. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 14.53% and a net margin of 7.53%. As a group, research analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 earnings per share for the current year.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.