The Goldman Sachs Group Downgrades Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY) to Hold

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) was downgraded by The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report issued on Monday, March 24th,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. UBS Group lowered shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 19th. Barclays raised shares of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München to a "strong-buy" rating in a research note on Tuesday, January 28th. Four analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München presently has a consensus rating of "Hold".

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München Stock Performance

OTCMKTS MURGY traded up $0.07 during mid-day trading on Monday, reaching $12.78. 179,582 shares of the stock were exchanged, compared to its average volume of 299,369. The company has a market capitalization of $85.47 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.72 and a beta of 0.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.12 and a current ratio of 1.12. The business's 50 day moving average is $11.54 and its 200-day moving average is $10.82. Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München has a 1 year low of $8.44 and a 1 year high of $12.80.

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Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (OTCMKTS:MURGY - Get Free Report) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München had a return on equity of 18.94% and a net margin of 8.61%. The business had revenue of $16.34 billion for the quarter, compared to analyst estimates of $19.10 billion. On average, equities research analysts forecast that Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München will post 0.46 EPS for the current fiscal year.

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.