A number of other analysts also recently issued reports on the company. Morgan Stanley set a €105.90 ($123.14) price objective on Hannover Rück SE and gave the stock a sell rating in a research note on Friday, July 21st. Baader Bank set a €90.00 ($104.65) price objective on Hannover Rück SE and gave the stock a neutral rating in a research note on Monday, September 11th. Deutsche Bank AG set a €100.00 ($116.28) price objective on Hannover Rück SE and gave the stock a neutral rating in a research note on Friday, September 8th. BNP Paribas set a €106.00 ($123.26) price objective on Hannover Rück SE and gave the stock a neutral rating in a research note on Monday, August 28th. Finally, J P Morgan Chase & Co set a €108.00 ($125.58) price objective on Hannover Rück SE and gave the stock a sell rating in a research note on Wednesday, September 13th. Three investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €106.64 ($124.00).
Shares of Hannover Rück SE (FRA:HNR1) opened at €109.30 ($127.09) on Thursday. Hannover Rück SE has a 12 month low of €94.75 ($110.17) and a 12 month high of €116.37 ($135.31).
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Hannover Rück SE 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, and facultative, as well as credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.
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