Muenchener Rckvrrgs Gsllcht Mhn (MURGY) Lifted to Buy at Jefferies Group
Jefferies Group upgraded shares of Muenchener Rckvrrgs Gsllcht Mhn (OTCMKTS:MURGY) from a hold rating to a buy rating in a research note issued to investors on Thursday, Marketbeat.com reports.
Several other research firms have also recently commented on MURGY. Credit Suisse Group upgraded Muenchener Rckvrrgs Gsllcht Mhn from an underperform rating to a neutral rating in a research report on Wednesday, January 17th. ValuEngine upgraded Muenchener Rckvrrgs Gsllcht Mhn from a hold rating to a buy rating in a research report on Friday, February 2nd. HSBC upgraded Muenchener Rckvrrgs Gsllcht Mhn from a hold rating to a buy rating in a research report on Friday, November 17th. Finally, Royal Bank of Canada reiterated a buy rating on shares of Muenchener Rckvrrgs Gsllcht Mhn in a research report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Muenchener Rckvrrgs Gsllcht Mhn has a consensus rating of Buy.
Muenchener Rckvrrgs Gsllcht Mhn (OTCMKTS MURGY) traded down $0.09 on Thursday, reaching $21.64. The company had a trading volume of 16,655 shares, compared to its average volume of 69,170. Muenchener Rckvrrgs Gsllcht Mhn has a 12-month low of $18.69 and a 12-month high of $23.95. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.11. The firm has a market cap of $36,365.97, a PE ratio of 154.87 and a beta of 0.69.
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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