Hannover Re (HNR1) Earns “Neutral” Rating from DZ Bank

Hannover Re (FRA:HNR1)‘s stock had its “neutral” rating reiterated by investment analysts at DZ Bank in a report released on Thursday.

A number of other equities research analysts also recently issued reports on the stock. Nord/LB set a €118.00 ($137.21) price objective on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Friday, August 10th. UBS Group set a €114.00 ($132.56) price objective on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Monday, August 20th. Royal Bank of Canada set a €122.00 ($141.86) price objective on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Monday, October 29th. Credit Suisse Group set a €122.00 ($141.86) price objective on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Friday, August 10th. Finally, Barclays set a €106.30 ($123.60) price objective on shares of Hannover Re and gave the stock a “sell” rating in a research report on Tuesday, July 17th. Six research analysts have rated the stock with a sell rating and seventeen have issued a hold rating to the company’s stock. Hannover Re currently has a consensus rating of “Hold” and an average price target of €112.55 ($130.87).

Shares of HNR1 traded up €1.70 ($1.98) on Thursday, reaching €123.40 ($143.49). The company’s stock had a trading volume of 99,174 shares. Hannover Re has a twelve month low of €94.75 ($110.17) and a twelve month 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.

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Analyst Recommendations for Hannover Re (FRA:HNR1)

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