Hannover Ruck SE (OTCMKTS:HVRRY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Hannover Ruck SE (OTCMKTS:HVRRY) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a strong buy recommendation to the company.

HVRRY has been the subject of several research analyst reports. Royal Bank Of Canada downgraded shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 13th. UBS Group upgraded Hannover Ruck from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Finally, Zacks Research downgraded shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th.

Hannover Ruck Stock Down 1.4%

Shares of OTCMKTS:HVRRY opened at $48.41 on Thursday. Hannover Ruck has a 1 year low of $41.49 and a 1 year high of $55.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.09 and a quick ratio of 0.09. The business’s 50-day moving average is $49.66 and its 200-day moving average is $50.49. The company has a market capitalization of $35.02 billion, a price-to-earnings ratio of 12.74 and a beta of 0.33.

Hannover Ruck (OTCMKTS:HVRRY) last issued its earnings results on Monday, November 10th. The financial services provider reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). The business had revenue of $8.21 billion during the quarter, compared to the consensus estimate of $8.27 billion. Hannover Ruck had a return on equity of 19.75% and a net margin of 9.44%. Equities research analysts predict that Hannover Ruck will post 3.42 earnings per share for the current year.

Hannover Ruck Company Profile

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.