Muenchener Rckvrrgs Gsllcht Mhn (OTCMKTS:MURGY) was upgraded by stock analysts at Sanford C. Bernstein from a “mkt perform” rating to an “outperform” rating in a note issued to investors on Monday, MarketBeat Ratings reports.
A number of other equities research analysts have also issued reports on the stock. HSBC raised shares of Muenchener Rckvrrgs Gsllcht Mhn from a “hold” rating to a “buy” rating in a report on Friday, November 17th. Credit Suisse Group raised shares of Muenchener Rckvrrgs Gsllcht Mhn from an “underperform” rating to a “neutral” rating in a report on Wednesday, January 17th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Muenchener Rckvrrgs Gsllcht Mhn in a research report on Wednesday, November 22nd. ValuEngine raised shares of Muenchener Rckvrrgs Gsllcht Mhn from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Jefferies Group raised shares of Muenchener Rckvrrgs Gsllcht Mhn from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy”.
Shares of Muenchener Rckvrrgs Gsllcht Mhn (MURGY) traded down $0.03 during trading on Monday, reaching $22.34. 44,929 shares of the company’s stock were exchanged, compared to its average volume of 70,128. The company has a market cap of $35,077.54, a price-to-earnings ratio of 159.65 and a beta of 0.69. Muenchener Rckvrrgs Gsllcht Mhn has a 1-year low of $18.69 and a 1-year high of $23.95. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.17 and a current ratio of 0.17.
Muenchener Rueckversicherungs Gesellschaft AG in Muenchen 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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