Hannover Re (FRA:HNR1) has been given a €108.00 ($125.58) price objective by research analysts at Jefferies Financial Group in a note issued to investors on Tuesday, February 5th. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 17.87% from the company’s current price.
Other equities analysts also recently issued reports about the company. equinet set a €110.00 ($127.91) target price on Hannover Re and gave the stock a “neutral” rating in a research report on Friday, October 19th. DZ Bank reiterated a “neutral” rating on shares of Hannover Re in a research report on Friday, October 19th. UBS Group set a €115.00 ($133.72) price objective on Hannover Re and gave the stock a “neutral” rating in a report on Tuesday, October 16th. JPMorgan Chase & Co. set a €117.00 ($136.05) target price on Hannover Re and gave the company a “neutral” rating in a research note on Thursday, October 11th. Finally, Goldman Sachs Group set a €116.00 ($134.88) target price on Hannover Re and gave the company a “neutral” rating in a research note on Thursday, November 8th. Four investment analysts have rated the stock with a sell rating and sixteen have issued a hold rating to the company. The stock presently 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 trading hours on Tuesday, hitting €131.50 ($152.91). 149,612 shares of the company’s stock were exchanged. Hannover Re has a 12-month low of €94.75 ($110.17) and a 12-month high of €116.37 ($135.31).
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.
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