Hannover Rueck (FRA:HNR1)‘s stock had its “buy” rating reiterated by equities research analysts at DZ Bank in a report released on Wednesday.
Several other brokerages have also recently weighed in on HNR1. Credit Suisse Group set a €120.00 ($148.15) price target on Hannover Rueck and gave the stock a “buy” rating in a research note on Thursday, January 25th. Commerzbank reaffirmed a “neutral” rating on shares of Hannover Rueck in a research note on Monday, January 22nd. Nord/LB set a €110.00 ($135.80) price target on Hannover Rueck and gave the stock a “neutral” rating in a research note on Friday, February 9th. UBS Group set a €106.00 ($130.86) price target on Hannover Rueck and gave the stock a “neutral” rating in a research note on Thursday, November 30th. Finally, equinet set a €110.00 ($135.80) price target on Hannover Rueck and gave the stock a “neutral” rating in a research note on Tuesday. Three analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of €109.89 ($135.67).
Hannover Rueck (FRA HNR1) traded down €0.60 ($0.74) on Wednesday, hitting €109.50 ($135.19). The stock had a trading volume of 310,292 shares. Hannover Rueck has a 52-week low of €94.75 ($116.98) and a 52-week high of €116.37 ($143.67). The stock has a market capitalization 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.
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