UBS downgraded Munich Re (MURGY) to Neutral from Buy with a price target of EUR 555, up from EUR 540. The firm says the company’s economics are now better reflected in the stock’s valuation.
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Read More on MURGY:
- Munich Re downgraded to Equal Weight from Overweight at Morgan Stanley
- Munich Re price target raised to EUR 535 from EUR 450 at Deutsche Bank
- Munich Re price target raised to EUR 513 from EUR 501 at RBC Capital
- Munich Re Surpasses Expectations Despite Q3 Challenges
- MURGY Earnings this Week: How Will it Perform?