HANNOVER RUECK/S (HVRRY) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of HANNOVER RUECK/S (OTCMKTS:HVRRY) from a sell rating to a hold rating in a research note published on Tuesday, Zacks.com reports.

According to Zacks, “Hannover Rueckversicherung AG provides reinsurance services. The Company’s operations are divided into four segments: property and casualty reinsurance, life and health reinsurance, financial reinsurance and specialty insurance. Hannover, through its subsidiaries, transacts all lines of non-life and life/health reinsurance. It offers non-life reinsurance products, including specialty lines comprising aviation and space; credit, surety, and political risks; marine, including offshore energy; and structured reinsurance products, which include insurance-linked securities. Hannover Rueckversicherung AG is based in Hannover, Germany. “

OTCMKTS:HVRRY opened at $75.65 on Tuesday. HANNOVER RUECK/S has a 52 week low of $61.23 and a 52 week high of $75.65. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market cap of $17.79 billion, a P/E ratio of 13.15 and a beta of 0.82.

HANNOVER RUECK/S 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.

See Also: Return on Equity (ROE)

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