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UBS has maintained a 'Buy' rating for Munich Re, setting a target price of 540 euros following an investor event. Analyst Will Hardcastle noted the reinsurer's expectation of organic growth across all Group segments.
UBS has maintained a 'Buy' rating for Munich Re, setting a target price of 540 euros following an investor event. Analyst Will Hardcastle noted the reinsurer's expectation for organic growth across all Group segments. As of November 13, 2024, Munich Re shares were trading around 468.40 euros, reflecting a slight decline of 0.19%.
UBS has maintained a 'Buy' rating for Munich Re, setting a target price of 540 euros following an investor event. Analyst Will Hardcastle noted the reinsurer's expectation of organic growth across all Group segments.
UBS has reduced its price target for Munich Re from 560 to 540 euros while maintaining a "Buy" rating. Analyst Will Hardcastle noted a disappointing third quarter but affirmed the reinsurer's strong position, adjusting buyback expectations following comments from the CFO. The anticipated increase in leverage is expected to be slower than previously estimated.
Hannover Re's shares surged by 3.5% following an optimistic profit outlook, recovering from a recent decline. The reinsurer anticipates a profit of €2.3 billion for the year, aligning with analyst expectations, while Swiss Re's shares rose after UBS upgraded its rating to buy. CEO Jean-Jacques Henchoz will transition to CFO Clemens Jungsthöfel in April 2025.
UBS has maintained a 'Buy' rating for Munich Re, setting a target price of 560 euros. Analyst Will Hardcastle anticipated a neutral reaction to the share price following the release of detailed figures, noting that net profit figures were already known and targets unchanged.
UBS has rated Munich Re as a 'Buy' with a target price of 560 euros. As of November 7, the stock was trading at approximately 470.40 euros, reflecting a slight decrease of 0.02%. The trading activity varied across different exchanges, with prices ranging from 470.10 euros in Frankfurt to 472.60 euros in Düsseldorf.
UBS has maintained a 'Buy' rating for Munich Re, setting a target price of 565 euros following the third-quarter results. Despite a weaker-than-expected profit, analyst Will Hardcastle anticipates only a cautious negative market reaction and does not foresee significant adjustments to the reinsurer's estimates.
UBS has maintained a 'Buy' rating for Munich Re, setting a target price of 565 euros following the third-quarter results. Despite a weaker-than-expected profit that may lead to a cautious market reaction, analyst Will Hardcastle does not foresee significant changes to the reinsurer's estimates. As of October 22, shares of Munich Re traded at 476.80 euros, reflecting a decline of 2.75%.
UBS has maintained a "Buy" rating for Munich Re, setting a target price of 565 euros following the third-quarter results. Despite a weaker-than-expected profit, analyst Will Hardcastle anticipates only a cautious negative market reaction and does not foresee significant adjustments to the reinsurer's estimates.
Munich Re Markets GmbH
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ubs maintains buy rating for munich re with target price of 540 euros
20:56 13.11.2024
ubs maintains buy rating for munich re with target price of 540 euros
20:56 13.11.2024
UBS maintains buy rating for Munich Re with target price of 540 euros
20:56 13.11.2024
UBS reduces Munich Re price target to 540 euros while maintaining buy rating
12:45 11.11.2024
Hannover Re raises profit outlook as Swiss Re receives UBS upgrade
Euro
United States Dollar
Hannover Rück SE
Swiss Re AG
Munich Re Markets GmbH
DEU
Jean-Jacques Henchoz
Will Hardcastle
Clemens Jungsthöfel
Thorsten Wenzel
Derald Goh
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11:50 11.11.2024
ubs maintains buy rating for munich re with target price of 560 euros
12:32 07.11.2024
ubs rates munich re as buy with target price of 560 euros
11:45 07.11.2024
ubs maintains buy rating for munich re with target price of 565 euros
15:46 22.10.2024
ubs maintains buy rating for munich re with target price of 565 euros
14:58 22.10.2024
UBS maintains buy rating for Munich Re with target price of 565 euros
14:58 22.10.2024
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