Hannover Ruck (OTCMKTS:HVRRY) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of Hannover Ruck (OTCMKTS:HVRRYFree Report) from a hold rating to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

Separately, UBS Group upgraded shares of Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 12th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy”.

Read Our Latest Report on Hannover Ruck

Hannover Ruck Stock Down 0.1%

Shares of OTCMKTS:HVRRY opened at $50.50 on Wednesday. The company has a market capitalization of $36.54 billion, a PE ratio of 13.43 and a beta of 0.44. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.37. Hannover Ruck has a twelve month low of $41.49 and a twelve month high of $55.40. The firm has a 50 day simple moving average of $49.58 and a 200-day simple moving average of $51.06.

Hannover Ruck (OTCMKTS:HVRRYGet Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The financial services provider reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.26. The business had revenue of $7.96 billion during the quarter, compared to the consensus estimate of $7.34 billion. Hannover Ruck had a net margin of 9.33% and a return on equity of 19.77%. On average, equities analysts predict that Hannover Ruck will post 3.42 EPS for the current fiscal year.

About Hannover Ruck

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Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.

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Analyst Recommendations for Hannover Ruck (OTCMKTS:HVRRY)

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