Hannover Re (FRA:HNR1) Receives €124.97 Average PT from Analysts

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Hannover Re (FRA:HNR1) has been given a consensus rating of “Hold” by the seventeen brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is €124.97 ($145.31).

Several brokerages have recently issued reports on HNR1. Jefferies Financial Group set a €140.00 ($162.79) target price on shares of Hannover Re and gave the company a “neutral” rating in a research report on Wednesday, August 14th. Royal Bank of Canada set a €131.00 ($152.33) target price on shares of Hannover Re and gave the company a “neutral” rating in a research report on Thursday, August 8th. Nord/LB set a €130.00 ($151.16) target price on shares of Hannover Re and gave the company a “neutral” rating in a research report on Tuesday, August 13th. Societe Generale set a €119.00 ($138.37) target price on shares of Hannover Re and gave the company a “sell” rating in a research report on Wednesday, May 15th. Finally, UBS Group set a €135.00 ($156.98) target price on shares of Hannover Re and gave the company a “neutral” rating in a research report on Thursday, August 8th.

HNR1 stock opened at €143.70 ($167.09) on Friday. The stock’s 50 day simple moving average is €143.26 and its 200 day simple moving average is €136.00. 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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