Hannover Re (HNR1) PT Set at €117.00 by JPMorgan Chase & Co.

Hannover Re (FRA:HNR1) has been given a €117.00 ($136.05) price objective by investment analysts at JPMorgan Chase & Co. in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target points to a potential downside of 6.62% from the stock’s previous close.

Several other analysts have also recently weighed in on HNR1. Royal Bank of Canada set a €122.00 ($141.86) target price on shares of Hannover Re and gave the company a “neutral” rating in a report on Thursday, August 9th. Kepler Capital Markets set a €114.00 ($132.56) target price on shares of Hannover Re and gave the company a “neutral” rating in a report on Friday, August 10th. Societe Generale set a €112.00 ($130.23) target price on shares of Hannover Re and gave the company a “neutral” rating in a report on Thursday, August 9th. Commerzbank set a €105.00 ($122.09) target price on shares of Hannover Re and gave the company a “sell” rating in a report on Thursday, August 23rd. Finally, equinet set a €110.00 ($127.91) target price on shares of Hannover Re and gave the company a “neutral” rating in a report on Thursday. Five investment analysts have rated the stock with a sell rating and seventeen have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €112.87 ($131.24).

Shares of FRA:HNR1 opened at €125.30 ($145.70) on Thursday. Hannover Re has a fifty-two week low of €94.75 ($110.17) and a fifty-two week high of €116.37 ($135.31).

Hannover Re Company Profile

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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