Barclays Upgrades Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) to Strong-Buy

Barclays upgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other brokerages have also issued reports on MURGY. Jefferies Financial Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “buy” rating to a “hold” rating in a report on Monday, October 21st. UBS Group lowered Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 19th. Finally, Berenberg Bank downgraded shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th.

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Down 0.3 %

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München stock opened at $10.98 on Tuesday. The firm has a market capitalization of $73.43 billion, a P/E ratio of 7.14, a P/E/G ratio of 1.73 and a beta of 1.02. The company has a 50-day simple moving average of $10.43 and a 200-day simple moving average of $10.37. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a one year low of $8.40 and a one year high of $11.20. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12.

About Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.