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

Erste Group Bank cut shares of M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) from a strong-buy rating to a hold rating in a report issued 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.

MURGY has been the subject of several other reports. Kepler Capital Markets started coverage on M�nchener R�ckversicherungs-Gesellschaft in a report on Friday, January 16th. They issued a “buy” rating for the company. Zacks Research upgraded M�nchener R�ckversicherungs-Gesellschaft from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy”.

M�nchener R�ckversicherungs-Gesellschaft Trading Down 1.8%

Shares of OTCMKTS MURGY opened at $10.76 on Tuesday. The stock 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. The business has a 50 day simple moving average of $12.47 and a 200 day simple moving average of $12.56. M�nchener R�ckversicherungs-Gesellschaft has a 52 week low of $10.73 and a 52 week high of $14.41. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.14 and a current ratio of 1.14.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last announced its quarterly earnings results on Tuesday, May 12th. The financial services provider reported $1.57 EPS for the quarter, beating the consensus estimate of $0.32 by $1.25. M�nchener R�ckversicherungs-Gesellschaft had a return on equity of 21.44% and a net margin of 11.28%.The business had revenue of $22.07 billion during the quarter, compared to analysts’ expectations of $19.86 billion. On average, research analysts predict that M�nchener R�ckversicherungs-Gesellschaft will post 4.37 earnings per share for the current fiscal year.

M�nchener R�ckversicherungs-Gesellschaft Company Profile

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.