Hannover Re (HNR1) Given a €118.00 Price Target by Nord/LB Analysts

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Hannover Re (FRA:HNR1) has been given a €118.00 ($137.21) price objective by equities researchers at Nord/LB in a research note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock. Nord/LB’s price target would suggest a potential downside of 6.20% from the company’s current price.

A number of other analysts have also issued reports on the stock. Deutsche Bank set a €112.00 ($130.23) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Wednesday. Credit Suisse Group set a €122.00 ($141.86) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Wednesday. Independent Research set a €128.00 ($148.84) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Wednesday. DZ Bank restated a “neutral” rating on shares of Hannover Re in a research report on Tuesday, February 5th. Finally, Jefferies Financial Group set a €108.00 ($125.58) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Tuesday, February 5th. Four analysts have rated the stock with a sell rating and sixteen have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €114.74 ($133.41).

Shares of FRA HNR1 opened at €125.80 ($146.28) on Friday. 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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