UBS Maintains Buy Rating for Munich Re with 540 Euro Price Target

UBS has given Munich Re a "Buy" rating and a price target of 540 euros.

Munich Re aims to achieve a profit target of 6 billion euros for the upcoming year, which is higher than UBS's expectation of 5.7 billion euros and the market average of 5.86 billion euros.

Analyst Will Hardcastle believes that the anticipated investment results will be a key driver behind this profit target, but he does not think it will compromise the quality of Munich Re's targets.

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