UBS has given Munich Re a "Buy" rating with a target price of 565 euros after the release of the reinsurer's third-quarter results.
The profit figures were lower than expected, which may result in a cautious negative reaction in the market. However, there are no expected significant changes to the company's future earnings estimates.
This assessment was published on October 22, 2024, at 11:05 GMT, indicating the ongoing interest in Munich Re's performance in a volatile market. Investors are advised to closely monitor the situation as the latest financial data is analyzed.