Nord/LB Reiterates €158.00 Price Target for Munchener Ruckvers (MEURV)

Munchener Ruckvers (AMS:MEURV) received a €158.00 ($195.06) price objective from equities research analysts at Nord/LB in a research note issued to investors on Thursday. The firm presently has a “sell” rating on the stock. Nord/LB’s price objective suggests a potential downside of 21.00% from the stock’s current price.

Other analysts have also issued reports about the company. Barclays set a €205.00 ($253.09) target price on Munchener Ruckvers and gave the company a “buy” rating in a research report on Monday, December 11th. Goldman Sachs Group set a €215.00 ($265.43) price objective on Munchener Ruckvers and gave the stock a “buy” rating in a report on Monday, December 11th. Royal Bank of Canada set a €220.00 ($271.60) price objective on Munchener Ruckvers and gave the stock a “buy” rating in a report on Tuesday, January 16th. Citigroup set a €194.00 ($239.51) price objective on Munchener Ruckvers and gave the stock a “buy” rating in a report on Friday, January 12th. Finally, Commerzbank set a €210.00 ($259.26) price objective on Munchener Ruckvers and gave the stock a “buy” rating in a report on Wednesday, November 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €199.29 ($246.04).

Shares of Munchener Ruckvers (MEURV) remained flat at $€200.00 ($246.91) during trading on Thursday. Munchener Ruckvers has a one year low of €182.00 ($224.69) and a one year high of €200.00 ($246.91).

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