Hannover Ruck SE (OTCMKTS:HVRRY) Given Average Rating of “Moderate Buy” by Brokerages

Hannover Ruck SE (OTCMKTS:HVRRY) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a strong buy recommendation on the company.

HVRRY has been the topic of a number of recent analyst reports. UBS Group upgraded shares of Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 12th. Royal Bank Of Canada downgraded shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 13th. Finally, Zacks Research upgraded shares of Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st.

Hannover Ruck Stock Up 0.1%

OTCMKTS:HVRRY opened at $49.46 on Wednesday. The firm’s 50 day simple moving average is $49.24 and its 200 day simple moving average is $51.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.09 and a quick ratio of 0.09. Hannover Ruck has a one year low of $41.49 and a one year high of $55.40. The company has a market cap of $35.78 billion, a PE ratio of 13.15 and a beta of 0.44.

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

About Hannover Ruck

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.