M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Cut to “Hold” at Zacks Research

Zacks Research lowered shares of M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) from a strong-buy rating to a hold rating in a research note issued to investors on Monday morning,Zacks.com reports.

Separately, Kepler Capital Markets assumed coverage on shares of M�nchener R�ckversicherungs-Gesellschaft in a report on Friday, January 16th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

OTCMKTS:MURGY opened at $12.57 on Monday. M�nchener R�ckversicherungs-Gesellschaft has a one year low of $10.66 and a one year high of $14.41. The stock has a market cap of $81.46 billion, a PE ratio of 7.14, a P/E/G ratio of 1.38 and a beta of 0.49. 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 stock has a 50 day moving average price of $12.60 and a 200 day moving average price of $12.68.

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.