Hannover Re (HNR1) Given Average Rating of “Hold” by Brokerages

Shares of Hannover Re (FRA:HNR1) have been assigned a consensus rating of “Hold” from the twenty-five research firms that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a sell rating, seventeen have issued a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is €111.21 ($129.32).

A number of equities analysts have issued reports on HNR1 shares. DZ Bank reaffirmed a “buy” rating on shares of Hannover Re in a research note on Wednesday, February 7th. Credit Suisse Group set a €120.00 ($139.53) price target on Hannover Re and gave the company a “buy” rating in a research note on Thursday, February 8th. JPMorgan Chase & Co. set a €108.00 ($125.58) price target on Hannover Re and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Royal Bank of Canada set a €117.00 ($136.05) price target on Hannover Re and gave the company a “neutral” rating in a research note on Wednesday, February 7th. Finally, Jefferies Group set a €109.00 ($126.74) price target on Hannover Re and gave the company a “neutral” rating in a research note on Wednesday, February 7th.

Shares of FRA HNR1 opened at €110.10 ($128.02) on Friday. Hannover Re has a 1 year low of €94.75 ($110.17) and a 1 year high of €116.37 ($135.31).

About Hannover Re

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, facultative, credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.

Analyst Recommendations for Hannover Re (FRA:HNR1)

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