Nord/LB set a €130.00 ($151.16) target price on Hannover Re (FRA:HNR1) in a research report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts also recently commented on the company. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on Hannover Re and gave the stock a neutral rating in a report on Friday, July 19th. Royal Bank of Canada set a €131.00 ($152.33) price objective on Hannover Re and gave the stock a neutral rating in a report on Thursday, August 8th. Credit Suisse Group set a €135.00 ($156.98) price objective on Hannover Re and gave the stock a neutral rating in a report on Tuesday, April 23rd. Deutsche Bank set a €122.00 ($141.86) price objective on Hannover Re and gave the stock a neutral rating in a report on Friday, August 9th. Finally, Goldman Sachs Group set a €120.00 ($139.53) price objective on Hannover Re and gave the stock a sell rating in a report on Thursday, August 8th. Five investment analysts have rated the stock with a sell rating and twelve have given a hold rating to the stock. The company presently has an average rating of Hold and a consensus price target of €123.72 ($143.86).
Shares of HNR1 stock opened at €143.80 ($167.21) on Tuesday. The firm’s 50 day moving average price is €142.77 and its 200-day moving average price is €135.01. Hannover Re has a one year low of €94.75 ($110.17) and a one year high of €116.37 ($135.31).
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.
See Also: How a Put Option Works
Receive News & Ratings for Hannover Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Re and related companies with MarketBeat.com's FREE daily email newsletter.