Nomura Reaffirms Reduce Rating on Muenchener Rueckversicherungs AG (MUV2)
Muenchener Rueckversicherungs AG (FRA: MUV2)‘s stock had its “reduce” rating restated by equities researchers at Nomura in a report issued on Friday. They currently have a $164.47 (€125) target price on the stock.
Muenchener Rueckversicherungs AG traded down 0.59% on Friday, hitting €126.941. Muenchener Rueckversicherungs AG has a 52-week low of €82.99 and a 52-week high of €128.20.
MUV2 has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “reduce” rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Thursday. They now have a $165.79 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Friday, October 12th. They now have a $194.81 price target on the stock. Finally, analysts at Bankhaus Metzler reiterated a “buy” rating on shares of Muenchener Rueckversicherungs AG in a research note to investors on Wednesday, October 10th. They now have a $184.62 price target on the stock.
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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