Hannover Re’s (HNR1) Neutral Rating Reiterated at DZ Bank
DZ Bank restated their neutral rating on shares of Hannover Re (FRA:HNR1) in a research report released on Tuesday morning, Borsen Zeitung reports.
A number of other brokerages also recently issued reports on HNR1. JPMorgan Chase & Co. set a €114.00 ($132.56) price target on Hannover Re and gave the company a neutral rating in a report on Tuesday. Royal Bank of Canada set a €130.00 ($151.16) price target on Hannover Re and gave the company a neutral rating in a report on Tuesday. Independent Research set a €140.00 ($162.79) target price on Hannover Re and gave the stock a neutral rating in a report on Tuesday. Goldman Sachs Group set a €120.00 ($139.53) target price on Hannover Re and gave the stock a sell rating in a report on Tuesday, April 30th. Finally, Credit Suisse Group set a €135.00 ($156.98) target price on Hannover Re and gave the stock a neutral rating in a report on Tuesday, April 23rd. Four equities research analysts have rated the stock with a sell rating and fifteen have assigned a hold rating to the stock. The company presently has an average rating of Hold and a consensus price target of €118.04 ($137.25).
HNR1 opened at €134.20 ($156.05) on Tuesday. Hannover Re has a 12 month low of €94.75 ($110.17) and a 12 month high of €116.37 ($135.31).
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: Bid-Ask Spread
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.