MUNICH RE : UBS raises price target
'Munich Re's first-quarter results show an emergence of margin and greater confidence in leverage, which could increase EPS by more than 4%', points out the broker.
UBS also highlights, in the summary of its research note, a valuation of the Bavarian group at a P/E ratio (price to EPS) of 10.5 times, with a compound annual EPS growth rate of 12% over three years.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction