Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Receives Consensus Rating of "Hold" from Brokerages

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) has been given an average recommendation of "Hold" by the six research firms that are covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company.

A number of analysts recently weighed in on MURGY shares. Hsbc Global Res upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "hold" rating in a report on Monday, April 28th. The Goldman Sachs Group downgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Monday, March 24th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Price Performance

Shares of OTCMKTS:MURGY traded down $0.18 during trading on Friday, hitting $12.79. 199,895 shares of the company were exchanged, compared to its average volume of 291,455. The business's 50 day moving average is $13.00 and its 200-day moving average is $11.58. The company has a market capitalization of $85.54 billion, a P/E ratio of 8.32, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1-year low of $9.29 and a 1-year high of $14.10.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.71. The company had revenue of $16.63 billion during the quarter, compared to the consensus estimate of $19.09 billion. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a net margin of 8.61% and a return on equity of 18.94%. Equities analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current year.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

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.