Royal Bank of Canada Analysts Give Hannover Re (FRA:HNR1) a €155.00 Price Target
Royal Bank of Canada set a €155.00 ($182.35) price target on Hannover Re (FRA:HNR1) in a research report released on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also recently commented on HNR1. JPMorgan Chase & Co. set a €167.00 ($196.47) price target on shares of Hannover Re and gave the company a buy rating in a research report on Monday, September 7th. DZ Bank reaffirmed a neutral rating on shares of Hannover Re in a research report on Wednesday, August 5th. Jefferies Financial Group set a €165.00 ($194.12) price target on shares of Hannover Re and gave the company a buy rating in a research report on Thursday, August 6th. Deutsche Bank set a €160.00 ($188.24) price target on shares of Hannover Re and gave the company a neutral rating in a research report on Thursday, July 9th. Finally, Barclays set a €126.40 ($148.71) price target on shares of Hannover Re and gave the company a sell rating in a research report on Tuesday, September 8th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. Hannover Re currently has an average rating of Hold and a consensus target price of €147.36 ($173.36).
Shares of Hannover Re stock opened at €138.20 ($162.59) on Monday. Hannover Re has a twelve month low of €94.75 ($111.47) and a twelve month high of €116.37 ($136.91). The company’s fifty day moving average is €143.11 and its 200 day moving average is €144.22.
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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