Hannover Ruck SE (OTCMKTS:HVRRY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Hannover Ruck SE (OTCMKTS:HVRRY) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a strong buy rating on the company.

Several equities research analysts recently issued reports on HVRRY shares. UBS Group upgraded shares of Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Zacks Research lowered Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Royal Bank Of Canada downgraded Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 13th.

Hannover Ruck Price Performance

OTCMKTS:HVRRY opened at $52.52 on Monday. The stock has a market capitalization of $38.00 billion, a PE ratio of 13.82 and a beta of 0.33. Hannover Ruck has a 1-year low of $41.49 and a 1-year high of $55.40. The firm has a fifty day simple moving average of $49.79 and a 200 day simple moving average of $50.29. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.33.

Hannover Ruck (OTCMKTS:HVRRY) last posted its quarterly earnings results on Monday, November 10th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.02). Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $8.27 billion. On average, research analysts expect that Hannover Ruck will post 3.42 EPS for the current fiscal year.

About Hannover Ruck

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.