M¿nchener R¿ckversicherungs-Gesellschaft (MURGY) Given Average Recommendation of “Buy” by Analysts

M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS:MURGY) has been assigned a consensus rating of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company.

A number of brokerages recently commented on MURGY. Jefferies Group raised M¿nchener R¿ckversicherungs-Gesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, August 30th. Citigroup raised M¿nchener R¿ckversicherungs-Gesellschaft from a “neutral” rating to a “buy” rating in a research note on Thursday, September 21st. Royal Bank of Canada reiterated a “buy” rating on shares of M¿nchener R¿ckversicherungs-Gesellschaft in a report on Wednesday, November 22nd. Finally, HSBC upgraded M¿nchener R¿ckversicherungs-Gesellschaft from a “hold” rating to a “buy” rating in a report on Friday, November 17th.

Shares of M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS:MURGY) traded down $0.02 during mid-day trading on Thursday, reaching $21.84. The company had a trading volume of 14,047 shares, compared to its average volume of 37,123. M¿nchener R¿ckversicherungs-Gesellschaft has a 12 month low of $18.27 and a 12 month high of $23.01. The stock has a market capitalization of $35,584.86, a price-to-earnings ratio of 12.85 and a beta of 0.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.18 and a quick ratio of 0.18.

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About M¿nchener R¿ckversicherungs-Gesellschaft

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.

Analyst Recommendations for M¿nchener R¿ckversicherungs-Gesellschaft (OTCMKTS:MURGY)

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