Berenberg downgraded Munich Re (MURGY) to Hold from Buy with an unchanged price target of EUR 525. Given Munich’s strong performance in the past 24 months, the stock offers more limited upside from here following the profit warning, the analyst tells investors in a research note.
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Read More on MURGY:
- Munich Re downgraded to Hold from Buy at Jefferies
- Upcoming Stock Splits This Week (October 21 to October 25) – Stay Invested
- Munich Re downgraded to Neutral from Overweight at JPMorgan
- Munich Re initiated with a Buy at Goldman Sachs
- Munich Re price target raised to EUR 520 from EUR 503 at Barclays
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