Hannover Rück (FRA:HNR1) received a €110.00 ($130.95) target price from equities researchers at Bank of America in a report issued on Wednesday. The brokerage currently has a “sell” rating on the stock. Bank of America’s price target points to a potential upside of 1.95% from the stock’s current price.

A number of other brokerages also recently issued reports on HNR1. Morgan Stanley set a €105.90 ($126.07) target price on Hannover Rück and gave the stock a “sell” rating in a research note on Wednesday, August 16th. Independent Research set a €95.00 ($113.10) price target on Hannover Rück and gave the stock a “sell” rating in a report on Tuesday, September 12th. Goldman Sachs Group set a €111.00 ($132.14) price target on Hannover Rück and gave the stock a “neutral” rating in a report on Thursday, November 9th. DZ Bank restated a “buy” rating on shares of Hannover Rück in a report on Thursday, November 9th. Finally, set a €115.00 ($136.90) price target on Hannover Rück and gave the stock a “neutral” rating in a report on Tuesday, November 14th. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €108.11 ($128.71).

Hannover Rück (FRA:HNR1) opened at €107.90 ($128.45) on Wednesday. Hannover Rück has a one year low of €94.75 ($112.80) and a one year high of €116.37 ($138.54).

TRADEMARK VIOLATION NOTICE: “Hannover Rück (HNR1) Given a €110.00 Price Target by Bank of America Analysts” was published by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this piece can be viewed at https://www.americanbankingnews.com/2017/12/13/hannover-ruck-hnr1-given-a-110-00-price-target-by-bank-of-america-analysts.html.

About Hannover Rück

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services worldwide. It operates through Property & Casualty Reinsurance, and Life & Health Reinsurance segments. The Property & Casualty Reinsurance segment offers specialty lines comprising marine, aviation, and facultative, as well as credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.

Analyst Recommendations for Hannover Rück (FRA:HNR1)

Receive News & Ratings for Hannover Rück Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Rück and related companies with MarketBeat.com's FREE daily email newsletter.