Muenchener Rueckversicherungs AG (FRA: MUV2)‘s stock had its “reduce” rating reaffirmed by analysts at Oddo & Cie in a research report issued to clients and investors on Wednesday, Stock Ratings Network.com reports. They currently have a CHF 125 price target on the stock.
Muenchener Rueckversicherungs AG (FRA: MUV2) traded down 1.88% on Wednesday, hitting €137.663. Muenchener Rueckversicherungs AG has a 1-year low of €97.731 and a 1-year high of €158.49. The stock’s 50-day moving average is currently €123.0.
A number of other firms have also recently commented on MUV2. Analysts at AlphaValue reiterated a “reduce” rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Wednesday, May 29th. Separately, analysts at Bryan Garnier & Cie reiterated a “sell” rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Friday, May 24th. They now have a €155.00 ($201.30) price target on the stock. Finally, analysts at DZ Bank AG reiterated a “buy” rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Thursday, May 23rd. They now have a €165.00 ($214.29) price target on the stock.
Seven analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the stock. Muenchener Rueckversicherungs AG has a consensus rating of “Hold” and a consensus target price of €146.27 ($189.96).
Munich Re Group AG is a Germany-based company engaged in reinsurance and insurance business fields. The Company diversifies its operations into reinsurance, primary insurance and Munich Health.
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