JPMorgan Chase & Co. set a €114.00 ($132.56) price objective on Hannover Re (FRA:HNR1) in a research note published on Wednesday. The brokerage currently has a neutral rating on the stock.
Several other analysts also recently issued reports on HNR1. DZ Bank reaffirmed a neutral rating on shares of Hannover Re in a report on Tuesday, September 11th. UBS Group set a €114.00 ($132.56) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Wednesday, September 12th. Deutsche Bank reiterated a neutral rating on shares of Hannover Re in a research note on Tuesday, October 2nd. equinet set a €110.00 ($127.91) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Friday, October 19th. Finally, Barclays set a €105.20 ($122.33) target price on shares of Hannover Re and gave the company a sell rating in a research note on Friday, October 19th. Four investment analysts have rated the stock with a sell rating and sixteen have issued a hold rating to the company’s stock. Hannover Re has a consensus rating of Hold and a consensus price target of €113.89 ($132.44).
Shares of FRA HNR1 traded up €2.30 ($2.67) during trading hours on Wednesday, hitting €122.60 ($142.56). 185,135 shares of the stock were exchanged. Hannover Re has a one year low of €94.75 ($110.17) and a one year high of €116.37 ($135.31).
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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