Hannover Rück (FRA:HNR1 – Get Rating) has been given a €190.00 ($202.13) price target by stock analysts at Berenberg Bank in a research report issued on Friday, Borsen Zeitung reports. Berenberg Bank’s target price would indicate a potential upside of 9.20% from the company’s previous close.
Other equities analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft set a €210.00 ($223.40) price objective on shares of Hannover Rück in a report on Friday. The Goldman Sachs Group set a €225.00 ($239.36) price objective on shares of Hannover Rück in a report on Wednesday, February 8th. Barclays set a €158.10 ($168.19) target price on shares of Hannover Rück in a report on Thursday, February 2nd. UBS Group set a €182.00 ($193.62) target price on shares of Hannover Rück in a report on Wednesday, February 8th. Finally, DZ Bank set a €209.00 ($222.34) target price on shares of Hannover Rück in a report on Thursday.
Hannover Rück Trading Down 1.2 %
Shares of FRA HNR1 opened at €174.00 ($185.11) on Friday. The firm’s 50-day moving average price is €183.61 and its 200-day moving average price is €172.42. Hannover Rück has a 1-year low of €94.75 ($100.80) and a 1-year high of €116.37 ($123.80).
Hannover Rück 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 company offers property, casualty, facultative, catastrophe XL, structured reinsurance, and insurance-linked securities.
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