Hannover Rueck (HNR1) Given a €110.00 Price Target at Bank of America

Bank of America set a €110.00 ($130.95) target price on Hannover Rueck (FRA:HNR1) in a research note published on Wednesday morning. The firm currently has a sell rating on the stock.

A number of other brokerages also recently weighed in on HNR1. Morgan Stanley set a €105.90 ($126.07) price objective on shares of Hannover Rueck and gave the stock a sell rating in a research report on Wednesday, August 16th. Independent Research set a €95.00 ($113.10) price objective on shares of Hannover Rueck and gave the stock a sell rating in a research report on Tuesday, September 12th. Goldman Sachs Group set a €111.00 ($132.14) price objective on shares of Hannover Rueck and gave the stock a neutral rating in a research report on Thursday, November 9th. DZ Bank reiterated a buy rating on shares of Hannover Rueck in a research report on Thursday, November 9th. Finally, set a €115.00 ($136.90) price objective on shares of Hannover Rueck and gave the stock a neutral rating in a research report on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €108.11 ($128.71).

Shares of Hannover Rueck (HNR1) traded down €0.95 ($1.13) during trading on Wednesday, hitting €107.40 ($127.86). The stock had a trading volume of 189,869 shares. Hannover Rueck has a 52-week low of €94.75 ($112.80) and a 52-week high of €116.37 ($138.54).

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Hannover Rueck 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.

Analyst Recommendations for Hannover Rueck (FRA:HNR1)

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