Hannover Rueck SE (FRA:HNR1) has received an average rating of “Hold” from the twenty-four brokerages that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is €108.11 ($128.71).
A number of research analysts have issued reports on HNR1 shares. Independent Research set a €95.00 ($113.10) price objective on Hannover Rueck and gave the company a “sell” rating in a report on Tuesday, September 12th. Goldman Sachs Group set a €111.00 ($132.14) price objective on Hannover Rueck and gave the company a “neutral” rating in a report on Thursday, November 9th. DZ Bank reissued a “buy” rating on shares of Hannover Rueck in a report on Thursday, November 9th. set a €115.00 ($136.90) price objective on Hannover Rueck and gave the company a “neutral” rating in a report on Tuesday, November 14th. Finally, equinet set a €100.00 ($119.05) price objective on Hannover Rueck and gave the company a “neutral” rating in a report on Friday, November 3rd.
Shares of Hannover Rueck (FRA:HNR1) traded up €0.30 ($0.36) during mid-day trading on Tuesday, reaching €106.30 ($126.55). The company had a trading volume of 363 shares. The company has a market capitalization of $12,900.00 and a PE ratio of 13.79. Hannover Rueck has a 52-week low of €94.75 ($112.80) and a 52-week high of €116.37 ($138.54).
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About Hannover Rueck
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, and facultative, as well as credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.
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