UBS AG has maintained a "Neutral" rating for Munich Reinsurance Company shares, setting a target price of 594 euros. Analyst Will Hardcastle noted the potential benefits of the complete takeover of Next Insurance for ERGO, highlighting the company's surplus capital of around 10 billion euros, which could enhance earnings per share by 10 to 15 percent.In XETRA trading, Munich Re shares dipped 0.3 percent to EUR 574.00, indicating a potential rise of 3.48 percent towards the target price. The stock has appreciated by 17.8 percent since the start of 2025, with key figures for Q1 2025 expected on May 13, 2025.