JPMorgan Chase & Co. Reiterates “€114.00” Price Target for Hannover Re (HNR1)

JPMorgan Chase & Co. set a €114.00 ($132.56) price objective on Hannover Re (FRA:HNR1) in a report released on Friday morning. The brokerage currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the company. Deutsche Bank set a €114.00 ($132.56) price target on Hannover Re and gave the company a neutral rating in a research report on Tuesday, November 27th. Royal Bank of Canada set a €130.00 ($151.16) price target on Hannover Re and gave the company a neutral rating in a research report on Tuesday, November 20th. Goldman Sachs Group set a €120.00 ($139.53) price target on Hannover Re and gave the company a neutral rating in a research report on Monday, November 19th. Nord/LB set a €118.00 ($137.21) price target on Hannover Re and gave the company a neutral rating in a research report on Monday, November 19th. Finally, Kepler Capital Markets set a €115.00 ($133.72) price target on Hannover Re and gave the company a neutral rating in a research report on Wednesday, January 9th. Four investment analysts have rated the stock with a sell rating and sixteen have given a hold rating to the company. Hannover Re has an average rating of Hold and a consensus price target of €115.03 ($133.75).

Shares of FRA:HNR1 opened at €132.10 ($153.60) on Friday. Hannover Re has a 52 week low of €94.75 ($110.17) and a 52 week 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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