Morgan Stanley downgraded Munich Re (MURGY) to Underweight from Equal Weight with a price target of EUR 528, down from EUR 568. The company is among the most exposed to a weakening backdrop, particularly at current valuation levels, and faces ongoing currency pressures, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MURGY:
- Munich Re price target raised to EUR 600 from EUR 591 at Barclays
- Munich Re downgraded to Underperform from Market Perform at Keefe Bruyette
- Munich Re price target raised to EUR 610 from EUR 600 at Citi
- Munich Re price target raised to EUR 572 from EUR 559 at RBC Capital
- Munich Re Reports Strong Q1 2025 Despite Challenges