RBC Capital Markets recommends the stock of Munich Reinsurance Company as a promising investment opportunity. The Canadian bank confirms a target price of 410 euros and continues to rate the company as "Sector Perform" in its latest industry study.

Analyst Derald Goh favors European insurers and asset managers with solid balance sheets, growth potential, and low valuations. Particularly focusing on the year 2024, as stated in his analysis. Within the reinsurance sector, there is a clear differentiation in terms of quality and value. Given the strong performance of high-quality companies, the expert recommends them as the preferred choice.

In XETRA trading, Munich Reinsurance Company stocks recorded a moderate increase of 0.2 percent at 12:03 pm. This corresponds to a price development of 7.39 percent compared to the set target price. In total, 42,491 Munich Reinsurance Company shares were traded on XETRA. Over the past year, the stock has seen a remarkable increase of 1.8 percent.

The next opportunity to examine the financial results of the company will be on February 27, 2024, when Münchener Rückversicherungs-Gesellschaft presents the figures for the fourth quarter of 2023. The recommendation from RBC Capital Markets emphasizes the long-term potential of Münchener Rückversicherungs-Gesellschaft's stock and puts the company in focus for investors.