Hannover Rueck (FRA:HNR1) has been assigned a €107.00 ($132.10) target price by equities research analysts at Societe Generale in a research report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. Societe Generale’s target price would indicate a potential downside of 2.28% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the company. DZ Bank reiterated a “buy” rating on shares of Hannover Rueck in a research note on Wednesday. UBS Group set a €106.00 ($130.86) price objective on Hannover Rueck and gave the stock a “neutral” rating in a research note on Tuesday. Nord/LB set a €118.00 ($145.68) price objective on Hannover Rueck and gave the stock a “neutral” rating in a research note on Tuesday. Independent Research set a €116.00 ($143.21) target price on Hannover Rueck and gave the stock a “neutral” rating in a report on Tuesday. Finally, Commerzbank set a €112.00 ($138.27) target price on Hannover Rueck and gave the stock a “neutral” rating in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of €109.89 ($135.67).
Shares of Hannover Rueck (HNR1) traded down €0.60 ($0.74) during trading on Wednesday, hitting €109.50 ($135.19). The stock had a trading volume of 310,292 shares. Hannover Rueck has a one year low of €94.75 ($116.98) and a one year high of €116.37 ($143.67). The company has a market cap of $13,180.00 and a PE ratio of 13.77.
About Hannover Rueck
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.
Receive News & Ratings for Hannover Rueck Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Rueck and related companies with MarketBeat.com's FREE daily email newsletter.