Other equities research analysts also recently issued reports about the stock. BNP Paribas set a €122.00 ($145.24) price target on shares of Hannover Rueck and gave the company a buy rating in a research report on Wednesday, October 11th. DZ Bank reiterated a buy rating on shares of Hannover Rueck in a research report on Thursday, November 9th. Citigroup set a €102.00 ($121.43) price target on shares of Hannover Rueck and gave the company a neutral rating in a research report on Thursday, September 21st. Royal Bank of Canada set a €105.00 ($125.00) price target on shares of Hannover Rueck and gave the company a neutral rating in a research report on Wednesday, September 20th. Finally, UBS Group set a €109.00 ($129.76) price target on shares of Hannover Rueck and gave the company a neutral rating in a research report on Monday, September 18th. Three investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €109.42 ($130.26).
Hannover Rueck (FRA:HNR1) traded up €0.50 ($0.60) during midday trading on Monday, hitting €112.50 ($133.93). 84,799 shares of the stock were exchanged. Hannover Rueck has a 52 week low of €94.75 ($112.80) and a 52 week high of €116.37 ($138.54). The firm has a market capitalization of $13,680.00 and a P/E ratio of 14.59.
About Hannover Rueck
Hannover R??ck 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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