M�nchener R�ckversicherungs-Gesellschaft (MURGY) Projected to Post Earnings on Wednesday

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) is expected to be releasing its results before the market opens on Wednesday, February 25th. Analysts expect M�nchener R�ckversicherungs-Gesellschaft to post earnings of $0.17 per share for the quarter.

M�nchener R�ckversicherungs-Gesellschaft Stock Up 0.9%

Shares of M�nchener R�ckversicherungs-Gesellschaft stock opened at $12.74 on Wednesday. M�nchener R�ckversicherungs-Gesellschaft has a twelve month low of $10.66 and a twelve month high of $14.41. The stock has a market cap of $82.56 billion, a price-to-earnings ratio of 7.24, a price-to-earnings-growth ratio of 1.37 and a beta of 0.49. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average price of $12.61 and a 200 day moving average price of $12.68.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MURGY shares. Kepler Capital Markets started coverage on M�nchener R�ckversicherungs-Gesellschaft in a research report on Friday, January 16th. They issued a “buy” rating for the company. Zacks Research upgraded M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, M�nchener R�ckversicherungs-Gesellschaft presently has an average rating of “Moderate Buy”.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

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.