M¿nchener R¿ckversicherungs-Gesellschaft (MURGY) Earns Buy Rating from Royal Bank Of Canada

Royal Bank Of Canada restated their buy rating on shares of M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS:MURGY) in a report released on Wednesday morning.

Several other research analysts have also recently issued reports on MURGY. Jefferies Group LLC upgraded M¿nchener R¿ckversicherungs-Gesellschaft from a hold rating to a buy rating in a research note on Wednesday, August 30th. Citigroup Inc. upgraded M¿nchener R¿ckversicherungs-Gesellschaft from a neutral rating to a buy rating in a research report on Thursday, September 21st. Finally, HSBC Holdings PLC upgraded M¿nchener R¿ckversicherungs-Gesellschaft from a hold rating to a buy rating in a research report on Friday, November 17th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of Hold.

M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS MURGY) opened at $22.60 on Wednesday. M¿nchener R¿ckversicherungs-Gesellschaft has a 12 month low of $17.93 and a 12 month high of $23.01. The stock has a market capitalization of $36,156.60, a PE ratio of 13.05 and a beta of 0.63. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.10.

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M¿nchener R¿ckversicherungs-Gesellschaft Company Profile

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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