Analysis: Potential for profits in Munich Reinsurance Company shares

Analysis: Potential for profits in Munich Reinsurance Company shares

According to a report by www.finanzen.net, the shares of the Munich Reinsurance Company achieved profits on Thursday afternoon. In the XETRA session, the price rose by 0.3 percent to EUR 393.20.

The Munich Reinsurance Company share has shown a positive price development in recent times. The 52-week high was reached on December 6th, 2023 at a price of EUR 395.20. This is an increase of 0.51 percent from the current price. The 52-week low was recorded on March 20, 2023 at a price of EUR 292.40, which corresponds to a discount of 25.64 percent compared to the current price.

Analysts forecast a price target of EUR 401.44. The balance sheet for the past quarter was published on November 8th, 2023, and the next balance sheet is expected to be presented on February 27th, 2024. The experts assume that earnings per share in 2023 will probably be EUR 33.61.

This data gives investors and market observers insights into the development of Munich Reinsurance Company shares. The positive share price performance and analyst forecasts suggest that the company continues to be successful and could potentially offer good returns for investors. It is important to keep an eye on further quarterly results and company developments in order to make informed investment decisions.