Hannover Re (HNR1) Given a €130.00 Price Target at Royal Bank of Canada

Hannover Re (FRA:HNR1) has been assigned a €130.00 ($151.16) target price by stock analysts at Royal Bank of Canada in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 7.00% from the company’s previous close.

Other analysts have also issued reports about the company. Commerzbank set a €112.00 ($130.23) target price on Hannover Re and gave the company a “neutral” rating in a research note on Thursday, August 9th. DZ Bank restated a “buy” rating on shares of Hannover Re in a research note on Thursday, August 9th. Barclays set a €106.00 ($123.26) target price on Hannover Re and gave the company a “sell” rating in a research note on Monday, August 6th. Nord/LB set a €118.00 ($137.21) target price on Hannover Re and gave the company a “neutral” rating in a research note on Monday. Finally, Goldman Sachs Group set a €120.00 ($139.53) target price on Hannover Re and gave the company a “neutral” rating in a research note on Monday. Five equities research analysts have rated the stock with a sell rating and sixteen have assigned a hold rating to the company. The company has an average rating of “Hold” and an average price target of €113.71 ($132.22).

Shares of HNR1 opened at €121.50 ($141.28) on Tuesday. Hannover Re has a 1 year low of €94.75 ($110.17) and a 1 year 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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