Hannover Ruck SE (OTCMKTS:HVRRY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Hannover Ruck SE (OTCMKTS:HVRRY) have earned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

A number of research firms recently commented on HVRRY. Royal Bank Of Canada cut shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 13th. Zacks Research cut Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th.

Hannover Ruck Trading Up 1.0%

HVRRY opened at $47.54 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.14 and a current ratio of 0.14. The stock’s 50 day moving average price is $49.52 and its 200-day moving average price is $49.76. Hannover Ruck has a one year low of $42.64 and a one year high of $55.40. The stock has a market cap of $34.40 billion, a price-to-earnings ratio of 12.51 and a beta of 0.35.

Hannover Ruck (OTCMKTS:HVRRY) last issued its earnings results on Monday, November 10th. The financial services provider reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $8.27 billion. On average, equities analysts forecast that Hannover Ruck will post 3.42 EPS for the current year.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.