DZ Bank AG Reiterates Buy Rating for Muenchener Rueckversicherungs AG (MUV2)

DZ Bank AG reissued their buy rating on shares of Muenchener Rueckversicherungs AG (FRA: MUV2) in a research report sent to investors on Thursday morning, Analyst Ratings.Net reports. The firm currently has a €165.00 ($214.29) price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Equinet Institutional Services reiterated a hold rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Tuesday, May 21st. They now have a €150.00 ($194.81) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an underperform rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Friday, May 17th. They now have a €117.00 ($151.95) price target on the stock. Finally, analysts at AlphaValue reiterated a reduce rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Thursday, May 16th. They now have a €147.00 ($190.91) price target on the stock.

Seven equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €146.30 ($190.00).

Muenchener Rueckversicherungs AG (FRA: MUV2) opened at 145.048 on Thursday. Muenchener Rueckversicherungs AG has a 1-year low of €95.913 and a 1-year high of €158.49. The stock’s 50-day moving average is currently €123.0.

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.