Hannover Re (FRA:HNR1) PT Set at €109.00 by Barclays

Hannover Re (FRA:HNR1) has been assigned a €109.00 ($126.74) target price by stock analysts at Barclays in a research note issued on Tuesday, February 5th. The firm presently has a “sell” rating on the stock. Barclays‘s price target suggests a potential downside of 17.11% from the company’s current price.

HNR1 has been the subject of several other reports. Goldman Sachs Group set a €120.00 ($139.53) target price on shares of Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, January 24th. Deutsche Bank set a €112.00 ($130.23) price target on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Tuesday, January 29th. UBS Group set a €123.00 ($143.02) price target on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Friday, February 1st. JPMorgan Chase & Co. set a €114.00 ($132.56) price target on shares of Hannover Re and gave the stock a “neutral” rating in a research report on Tuesday, February 5th. Finally, Royal Bank of Canada set a €130.00 ($151.16) price objective on shares of Hannover Re and gave the stock a “neutral” rating in a report on Tuesday, February 5th. Four analysts have rated the stock with a sell rating and sixteen have given a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €114.82 ($133.51).

HNR1 traded up €0.50 ($0.58) during trading on Tuesday, reaching €131.50 ($152.91). The company’s stock had a trading volume of 149,612 shares. Hannover Re has a 52-week low of €94.75 ($110.17) and a 52-week 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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Analyst Recommendations for Hannover Re (FRA:HNR1)

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