HANNOVER RUECK/S (HVRRY) Upgraded at Zacks Investment Research

HANNOVER RUECK/S (OTCMKTS:HVRRY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday, Zacks.com reports.

According to Zacks, “Hannover Rueckversicherung AG provides reinsurance services. The Company’s operations are divided into four segments: property and casualty reinsurance, life and health reinsurance, financial reinsurance and specialty insurance. Hannover, through its subsidiaries, transacts all lines of non-life and life/health reinsurance. It offers non-life reinsurance products, including specialty lines comprising aviation and space; credit, surety, and political risks; marine, including offshore energy; and structured reinsurance products, which include insurance-linked securities. Hannover Rueckversicherung AG is based in Hannover, Germany. “

Shares of HVRRY stock opened at $73.77 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market capitalization of $17.79 billion, a P/E ratio of 16.43 and a beta of 0.82. HANNOVER RUECK/S has a 1 year low of $61.23 and a 1 year high of $75.15.



HANNOVER RUECK/S 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, facultative, credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.

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