The M¿nchener R¿ckversicherungs-Gesellschaft (MURGY) Receives Consensus Recommendation of “Hold” from Brokerages, Report finds

The M¿nchener R¿ckversicherungs-Gesellschaft (MURGY) Receives Consensus Recommendation of “Hold” from Brokerages, Report finds

A number of research firms have weighed in on MURGY. Kepler Capital Markets downgraded M¿nchener R¿ckversicherungs-Gesellschaft from a “hold” rating to a “reduce” rating in a research report on Tuesday, November 29th. Jefferies Group LLC downgraded M¿nchener R¿ckversicherungs-Gesellschaft from a “buy” rating to a “hold” rating in a research report on Thursday, December 8th. Finally, Credit Suisse Group downgraded M¿nchener R¿ckversicherungs-Gesellschaft from a “neutral” rating to an “underperform” rating in a research report on Monday, December 12th.

Shares of M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS:MURGY) have received an average rating of “Hold” from the seven research firms that are covering the company. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company.

M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS:MURGY) opened at 18.905 on Thursday. The company has a market cap of $30.12 billion, a price-to-earnings ratio of 10.038 and a beta of 0.91. The stock has a 50 day moving average of $18.80 and a 200-day moving average of $18.44. M¿nchener R¿ckversicherungs-Gesellschaft has a 52-week low of $15.56 and a 52-week high of $20.93.

M¿nchener R¿ckversicherungs-Gesellschaft Company Profile

Muenchener Rueckversicherungs Gesellschaft in Muenchen AG is a Germany-based company engaged in reinsurance and insurance business. The Company divides its operations into reinsurance, primary insurance, and Munich Health and Asset management. The Reinsurance business comprises five divisions: Life; Europe and Latin America; Germany, Asia Pacific and Africa; Special and Financial Risks, and Global Clients and North America.

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