Jefferies Group Analysts Give Hannover Re (FRA:HNR1) a €109.00 Price Target

Hannover Re (FRA:HNR1) received a €109.00 ($134.57) target price from investment analysts at Jefferies Group in a research note issued on Friday, March 16th. The brokerage presently has a “neutral” rating on the stock. Jefferies Group’s price objective points to a potential downside of 3.63% from the company’s current price.

HNR1 has been the subject of a number of other reports. Commerzbank set a €112.00 ($138.27) price objective on shares of Hannover Re and gave the stock a “neutral” rating in a report on Thursday, February 8th. DZ Bank restated a “buy” rating on shares of Hannover Re in a report on Wednesday, February 7th. Royal Bank of Canada set a €117.00 ($144.44) target price on shares of Hannover Re and gave the company a “neutral” rating in a research note on Tuesday, January 16th. equinet set a €110.00 ($135.80) target price on shares of Hannover Re and gave the company a “neutral” rating in a research note on Monday, November 20th. Finally, Barclays set a €107.70 ($132.96) target price on shares of Hannover Re and gave the company a “sell” rating in a research note on Monday, December 11th. Three investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €109.89 ($135.67).

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Hannover Re stock traded up €0.10 ($0.12) during trading hours on Friday, hitting €113.10 ($139.63). 123,634 shares of the stock traded hands. Hannover Re has a one year low of €94.75 ($116.98) and a one year high of €116.37 ($143.67).

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Hannover Re 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.

Analyst Recommendations for Hannover Re (FRA:HNR1)

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