M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Coverage Initiated by Analysts at Kepler Capital Markets

Kepler Capital Markets assumed coverage on shares of M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) in a report issued on Friday morning, Marketbeat reports. The brokerage issued a buy rating on the financial services provider’s stock.

Separately, Zacks Research upgraded shares of M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, M�nchener R�ckversicherungs-Gesellschaft has an average rating of “Buy”.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

Shares of OTCMKTS:MURGY opened at $12.21 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $79.76 billion, a price-to-earnings ratio of 6.94, a price-to-earnings-growth ratio of 1.16 and a beta of 0.52. The business has a 50-day simple moving average of $12.68 and a two-hundred day simple moving average of $12.83. M�nchener R�ckversicherungs-Gesellschaft has a fifty-two week low of $10.31 and a fifty-two week high of $14.41.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last announced its quarterly earnings results on Tuesday, November 11th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.02. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 10.34% and a return on equity of 19.63%. The firm had revenue of $20.21 billion for the quarter, compared to the consensus estimate of $19.35 billion. On average, analysts expect that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 earnings per share for the current year.

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.