Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) Upgraded by Hsbc Global Res to Hold Rating

Hsbc Global Res upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Free Report) to a hold rating in a research note released on Monday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the company. Barclays upgraded Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a report on Tuesday, January 28th. The Goldman Sachs Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 24th. Five investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 0.9 %

Shares of MURGY traded down $0.12 during mid-day trading on Monday, hitting $13.59. 237,134 shares of the company's stock were exchanged, compared to its average volume of 297,946. The firm has a fifty day moving average of $12.70 and a two-hundred day moving average of $11.25. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a twelve month low of $8.67 and a twelve month high of $14.10. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.20. The stock has a market cap of $90.89 billion, a price-to-earnings ratio of 8.84, a P/E/G ratio of 1.72 and a beta of 0.79.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The business had revenue of $16.34 billion for the quarter, compared to analyst estimates of $19.10 billion. On average, sell-side analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 earnings per share for the current year.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Company Profile

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.