Hannover Rück (FRA:HNR1) Given a €194.00 Price Target at Berenberg Bank

Berenberg Bank set a €194.00 ($204.21) price target on Hannover Rück (FRA:HNR1Get Rating) in a research report sent to investors on Thursday, Borsen Zeitung reports.

A number of other brokerages also recently issued reports on HNR1. Barclays set a €138.80 ($146.11) price target on shares of Hannover Rück in a report on Thursday. Deutsche Bank Aktiengesellschaft set a €180.00 ($189.47) price target on shares of Hannover Rück in a research note on Thursday, March 17th. Morgan Stanley set a €179.00 ($188.42) price objective on shares of Hannover Rück in a research note on Tuesday, April 5th. HSBC set a €184.00 ($193.68) price objective on shares of Hannover Rück in a report on Monday, January 17th. Finally, Credit Suisse Group set a €174.00 ($183.16) price objective on shares of Hannover Rück in a research report on Thursday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Hannover Rück presently has a consensus rating of Buy and an average target price of €175.70 ($184.95).

Shares of HNR1 opened at €137.55 ($144.79) on Thursday. Hannover Rück has a twelve month low of €94.75 ($99.74) and a twelve month high of €116.37 ($122.49). The firm has a 50 day moving average of €149.62 and a 200 day moving average of €160.19.

Hannover Rück Company Profile (Get Rating)

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 company offers property, casualty, facultative, catastrophe XL, structured reinsurance, and insurance-linked securities.

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