Goldman Sachs Group set a €130.00 ($151.16) price objective on Hannover Re (FRA:HNR1) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other equities analysts have also issued reports on HNR1. Independent Research set a €145.00 ($168.60) price objective on Hannover Re and gave the company a neutral rating in a research report on Thursday, August 8th. UBS Group set a €150.00 ($174.42) price objective on Hannover Re and gave the company a neutral rating in a research report on Wednesday, November 6th. Nord/LB set a €155.00 ($180.23) price objective on Hannover Re and gave the company a neutral rating in a research report on Thursday, November 7th. Royal Bank of Canada set a €150.00 ($174.42) price objective on Hannover Re and gave the company a neutral rating in a research report on Wednesday, November 6th. Finally, Barclays set a €123.10 ($143.14) price objective on Hannover Re and gave the company a sell rating in a research report on Wednesday, November 6th. Seven analysts have rated the stock with a sell rating and nine have given a hold rating to the company. The company has a consensus rating of Hold and a consensus target price of €133.58 ($155.32).

Shares of HNR1 traded up €2.00 ($2.33) on Wednesday, hitting €168.40 ($195.81). The company’s stock had a trading volume of 130,680 shares. The firm’s fifty day moving average price is €158.45 and its 200-day moving average price is €145.82. Hannover Re has a fifty-two week low of €94.75 ($110.17) and a fifty-two 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.

Recommended Story: Real Estate Investment Trust (REIT) ETF

Analyst Recommendations for Hannover Re (FRA:HNR1)

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.