JPMorgan Chase & Co. Analysts Give Hannover Re (FRA:HNR1) a €130.00 Price Target

JPMorgan Chase & Co. set a €130.00 ($151.16) target price on Hannover Re (FRA:HNR1) in a research report released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research firms also recently commented on HNR1. Societe Generale set a €119.00 ($138.37) price objective on shares of Hannover Re and gave the company a sell rating in a research note on Wednesday, May 15th. UBS Group upgraded shares of to a neutral rating and increased their price objective for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. HSBC reduced their price target on shares of Canada Goose from C$62.00 to C$55.00 and set a buy rating on the stock in a research report on Monday, June 3rd. DZ Bank restated a neutral rating on shares of Hannover Re in a research report on Monday, June 24th. Finally, Jefferies Financial Group began coverage on shares of in a research report on Wednesday, July 3rd. They issued an underperform rating on the stock. Five equities research analysts have rated the stock with a sell rating and thirteen have assigned a hold rating to the company’s stock. Hannover Re presently has a consensus rating of Hold and an average price target of €121.66 ($141.46).

FRA HNR1 opened at €143.80 ($167.21) on Friday. Hannover Re has a 12 month low of €94.75 ($110.17) and a 12 month high of €116.37 ($135.31). The company’s fifty day moving average is €141.41.

Hannover Re 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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Analyst Recommendations for Hannover Re (FRA:HNR1)

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