Goldman Sachs set a €111.00 ($137.04) price objective on Hannover Re (FRA:HNR1) in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the stock.
HNR1 has been the topic of a number of other research reports. Credit Suisse Group set a €120.00 ($148.15) target price on Hannover Re and gave the company a buy rating in a research report on Thursday, February 8th. Commerzbank set a €112.00 ($138.27) target price on Hannover Re and gave the company a neutral rating in a research report on Monday, January 15th. Royal Bank of Canada set a €117.00 ($144.44) target price on Hannover Re and gave the company a neutral rating in a research report on Wednesday, February 7th. DZ Bank reissued a buy rating on shares of Hannover Re in a research report on Wednesday, December 27th. Finally, Barclays set a €105.60 ($130.37) target price on Hannover Re and gave the company a sell rating in a research report on Thursday, March 15th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €109.89 ($135.67).
Shares of Hannover Re stock opened at €113.10 ($139.63) on Wednesday. Hannover Re has a 52-week low of €94.75 ($116.98) and a 52-week high of €116.37 ($143.67).
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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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