Hannover Ruck (OTCMKTS:HVRRY) Upgraded at Zacks Research

Zacks Research upgraded shares of Hannover Ruck (OTCMKTS:HVRRY) from a hold rating to a strong-buy rating in a research report report published on Wednesday morning,Zacks.com reports.

Separately, UBS Group raised Hannover Ruck from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Three research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Hannover Ruck Trading Up 0.1%

Hannover Ruck stock opened at $50.56 on Wednesday. The company has a market capitalization of $36.58 billion, a price-to-earnings ratio of 13.45 and a beta of 0.44. The business’s fifty day simple moving average is $49.53 and its two-hundred day simple moving average is $51.07. Hannover Ruck has a 12 month low of $41.49 and a 12 month high of $55.40. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.37.

Hannover Ruck (OTCMKTS:HVRRY) last posted its earnings results on Tuesday, August 12th. The financial services provider reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.26. The business had revenue of $7.96 billion during the quarter, compared to analyst estimates of $7.34 billion. Hannover Ruck had a return on equity of 19.77% and a net margin of 9.33%. As a group, equities analysts predict that Hannover Ruck will post 3.42 earnings per share for the current fiscal year.

About Hannover Ruck

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.