Hannover Re (FRA:HNR1) has been given a €114.00 ($132.56) target price by JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, February 5th. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential downside of 13.31% from the company’s previous close.
A number of other research firms have also recently weighed in on HNR1. Royal Bank of Canada set a €130.00 ($151.16) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research note on Tuesday, December 11th. UBS Group set a €115.00 ($133.72) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, January 3rd. Societe Generale set a €112.00 ($130.23) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, November 8th. Nord/LB set a €118.00 ($137.21) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research note on Monday, November 19th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Hannover Re in a research note on Thursday, November 8th. Four equities research analysts have rated the stock with a sell rating and sixteen have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €114.82 ($133.51).
FRA:HNR1 traded up €0.50 ($0.58) during mid-day trading on Tuesday, reaching €131.50 ($152.91). The stock had a trading volume of 149,612 shares. Hannover Re has a 12 month low of €94.75 ($110.17) and a 12 month 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.
Featured Story: Insider Trading – What You Need to Know
Receive News & Ratings for Hannover Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Re and related companies with MarketBeat.com's FREE daily email newsletter.