Credit Suisse Group set a €120.00 ($142.86) price target on Hannover Rueck (FRA:HNR1) in a report published on Wednesday. The firm currently has a buy rating on the stock.
A number of other equities analysts have also weighed in on the stock. Royal Bank of Canada set a €117.00 ($139.29) price target on shares of Hannover Rueck and gave the company a neutral rating in a report on Tuesday. Commerzbank set a €112.00 ($133.33) price target on shares of Hannover Rueck and gave the company a neutral rating in a report on Monday. Citigroup set a €106.00 ($126.19) price target on shares of Hannover Rueck and gave the company a neutral rating in a report on Friday, January 12th. Deutsche Bank set a €112.00 ($133.33) price target on shares of Hannover Rueck and gave the company a neutral rating in a report on Friday, January 5th. Finally, JPMorgan Chase & Co. set a €108.00 ($128.57) price target on shares of Hannover Rueck and gave the company a neutral rating in a report on Friday, January 5th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €109.42 ($130.26).
Shares of Hannover Rueck (FRA:HNR1) traded up €0.70 ($0.83) on Wednesday, hitting €112.00 ($133.33). 165,760 shares of the company’s stock were exchanged. The firm has a market cap of $13,530.00 and a price-to-earnings ratio of 14.53. Hannover Rueck has a 52 week low of €94.75 ($112.80) and a 52 week high of €116.37 ($138.54).
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Hannover Rueck Company Profile
Hannover R??ck 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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