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

Hannover Rück (FRA:HNR1Get Rating) received a €194.00 ($200.00) price target from analysts at Berenberg Bank in a report issued on Thursday, Borsen Zeitung reports. Berenberg Bank’s price target suggests a potential upside of 37.01% from the company’s current price.

A number of other brokerages have also issued reports on HNR1. Credit Suisse Group set a €174.00 ($179.38) target price on shares of Hannover Rück in a research report on Thursday, May 5th. Morgan Stanley set a €180.00 ($185.57) target price on shares of Hannover Rück in a research report on Wednesday, May 11th. UBS Group set a €150.00 ($154.64) target price on shares of Hannover Rück in a research report on Thursday. Jefferies Financial Group set a €185.00 ($190.72) target price on shares of Hannover Rück in a research report on Thursday. Finally, Royal Bank of Canada set a €174.00 ($179.38) price target on shares of Hannover Rück in a report on Thursday.

Hannover Rück Trading Up 2.0 %

Shares of HNR1 traded up €2.80 ($2.89) during mid-day trading on Thursday, reaching €141.60 ($145.98). 135,932 shares of the company’s stock were exchanged. The company has a 50-day simple moving average of €138.76 and a two-hundred day simple moving average of €149.79. Hannover Rück has a 52-week low of €94.75 ($97.68) and a 52-week high of €116.37 ($119.97).

Hannover Rück Company Profile

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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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