Hannover Rueck’s (HNR1) Buy Rating Reiterated at DZ Bank

DZ Bank restated their buy rating on shares of Hannover Rueck (FRA:HNR1) in a research note issued to investors on Tuesday morning.

Several other equities analysts have also commented on the company. Baader Bank set a €90.00 ($107.14) price target on Hannover Rueck and gave the stock a neutral rating in a research report on Monday, September 11th. Deutsche Bank set a €100.00 ($119.05) price target on Hannover Rueck and gave the stock a neutral rating in a research report on Friday, September 8th. equinet set a €110.00 ($130.95) price target on Hannover Rueck and gave the stock a neutral rating in a research report on Monday, November 20th. UBS Group set a €106.00 ($126.19) price target on Hannover Rueck and gave the stock a neutral rating in a research report on Thursday, November 30th. Finally, JPMorgan Chase & Co. set a €108.00 ($128.57) price target on Hannover Rueck and gave the stock a sell rating in a research report on Wednesday, September 13th. Three analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have issued a buy rating to the stock. Hannover Rueck presently has an average rating of Hold and an average price target of €108.11 ($128.71).

Shares of Hannover Rueck (FRA HNR1) opened at €106.70 ($127.02) on Tuesday. Hannover Rueck has a fifty-two week low of €94.75 ($112.80) and a fifty-two week high of €116.37 ($138.54). The stock has a market capitalization of $12,800.00 and a PE ratio of 13.84.

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Hannover Rueck 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, 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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