M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Receives Average Recommendation of “Buy” from Brokerages

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) has been given an average recommendation of “Buy” by the five research firms that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

Several research firms recently issued reports on MURGY. Kepler Capital Markets began coverage on shares of M�nchener R�ckversicherungs-Gesellschaft in a research report on Friday, January 16th. They set a “buy” rating on the stock. Zacks Research upgraded M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 1st.

M�nchener R�ckversicherungs-Gesellschaft Stock Down 0.2%

Shares of OTCMKTS MURGY opened at $12.18 on Friday. The stock has a market capitalization of $79.56 billion, a P/E ratio of 6.92, a PEG ratio of 1.20 and a beta of 0.52. The stock’s fifty day moving average is $12.66 and its 200 day moving average is $12.82. M�nchener R�ckversicherungs-Gesellschaft has a 52 week low of $10.40 and a 52 week high of $14.41. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.13 and a current ratio of 1.13.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last announced its quarterly earnings data on Tuesday, November 11th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.02. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 10.34% and a return on equity of 19.63%. The firm had revenue of $20.21 billion for the quarter, compared to the consensus estimate of $19.35 billion. Sell-side analysts forecast that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 earnings per share for the current fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.