M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Downgraded to “Hold” Rating by Erste Group Bank

M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) was downgraded by investment analysts at Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Erste Group Bank also issued estimates for M?nchener R?ckversicherungs-Gesellschaft’s FY2026 earnings at $5.88 EPS and FY2027 earnings at $6.26 EPS.

Several other brokerages also recently issued reports on MURGY. Kepler Capital Markets started coverage on shares of M?nchener R?ckversicherungs-Gesellschaft in a report on Friday, January 16th. They set a “buy” rating for the company. Zacks Research raised shares of M?nchener R?ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.

M?nchener R?ckversicherungs-Gesellschaft Stock Down 1.8%

MURGY stock opened at $10.76 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.14 and a quick ratio of 1.14. M?nchener R?ckversicherungs-Gesellschaft has a 1-year low of $10.73 and a 1-year high of $14.41. The firm has a fifty day moving average price of $12.47 and a two-hundred day moving average price of $12.56. The firm has a market cap of $68.84 billion, a price-to-earnings ratio of 4.37, a PEG ratio of 0.43 and a beta of 0.46.

M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last released its earnings results on Tuesday, May 12th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $0.32 by $1.25. M?nchener R?ckversicherungs-Gesellschaft had a net margin of 11.28% and a return on equity of 21.44%. The firm had revenue of $22.07 billion during the quarter, compared to analyst estimates of $19.86 billion. Research analysts predict that M?nchener R?ckversicherungs-Gesellschaft will post 4.37 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.