M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Earns Buy Rating from Analysts at Kepler Capital Markets

Kepler Capital Markets began coverage on shares of M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) in a report released on Friday, Marketbeat reports. The brokerage issued a buy rating on the financial services provider’s stock.

Separately, Zacks Research upgraded shares of M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, M�nchener R�ckversicherungs-Gesellschaft currently has a consensus rating of “Buy”.

M�nchener R�ckversicherungs-Gesellschaft Price Performance

OTCMKTS:MURGY opened at $12.21 on Friday. The firm has a market capitalization of $79.76 billion, a price-to-earnings ratio of 6.94, a PEG ratio of 1.17 and a beta of 0.52. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.13 and a quick ratio of 1.13. The business has a 50 day simple moving average of $12.68 and a 200-day simple moving average of $12.83. M�nchener R�ckversicherungs-Gesellschaft has a 1 year low of $10.31 and a 1 year high of $14.41.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last posted its quarterly earnings data on Tuesday, November 11th. The financial services provider reported $0.36 EPS for the quarter, topping the consensus estimate 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 company had revenue of $20.21 billion during the quarter, compared to analyst estimates of $19.35 billion. Equities analysts forecast that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 EPS for the current year.

About M�nchener R�ckversicherungs-Gesellschaft

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.