Goldman Sachs Group set a €130.00 ($151.16) price target on Hannover Re (FRA:HNR1) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

HNR1 has been the topic of several other research reports. Barclays set a €123.10 ($143.14) price target on shares of Hannover Re and gave the stock a sell rating in a research note on Wednesday, November 6th. Deutsche Bank set a €122.00 ($141.86) price target on shares of Hannover Re and gave the stock a neutral rating in a research note on Friday, August 9th. UBS Group set a €150.00 ($174.42) price target on shares of Hannover Re and gave the stock a neutral rating in a research note on Wednesday, November 6th. DZ Bank reiterated a sell rating on shares of Hannover Re in a research note on Wednesday, November 6th. Finally, Independent Research set a €145.00 ($168.60) price target on shares of Hannover Re and gave the stock a neutral rating in a research note on Thursday, August 8th. Seven investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. The stock has an average rating of Hold and a consensus target price of €133.58 ($155.32).

Hannover Re stock traded up €0.90 ($1.05) during mid-day trading on Wednesday, hitting €166.40 ($193.49). The stock had a trading volume of 119,814 shares. The firm’s 50 day moving average is €158.13 and its 200 day moving average is €145.66. Hannover Re has a one year low of €94.75 ($110.17) and a one year high of €116.37 ($135.31).

About Hannover Re

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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