Citigroup Inc. upgraded shares of M¿nchener R¿ckversicherungs-Gesellschaft (OTC:MURGY) from a neutral rating to a buy rating in a report released on Thursday morning, StockTargetPrices.com reports.

A number of other equities analysts also recently weighed in on the stock. Deutsche Bank AG raised shares of M¿nchener R¿ckversicherungs-Gesellschaft from a sell rating to a hold rating in a research note on Tuesday, June 20th. ValuEngine raised shares of M¿nchener R¿ckversicherungs-Gesellschaft from a hold rating to a buy rating in a research note on Tuesday, June 13th.

Shares of M¿nchener R¿ckversicherungs-Gesellschaft (OTC MURGY) opened at 21.25 on Thursday. M¿nchener R¿ckversicherungs-Gesellschaft has a 12 month low of $17.93 and a 12 month high of $21.97. The stock has a 50 day moving average price of $20.97 and a 200-day moving average price of $20.09. The stock has a market cap of $32.78 billion, a P/E ratio of 11.28 and a beta of 0.61.

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About M¿nchener R¿ckversicherungs-Gesellschaft

Muenchener Rueckversicherungs Gesellschaft AG in Muenchen is a Germany-based company engaged in reinsurance and insurance business. The Company divides its operations into reinsurance, primary insurance, and Munich Health and Asset management. The Reinsurance business comprises five divisions: Life; Europe and Latin America; Germany, Asia Pacific and Africa; Special and Financial Risks, and Global Clients and North America.

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