Societe Generale Analysts Give Hannover Re (HNR1) a €112.00 Price Target

Hannover Re (FRA:HNR1) has been given a €112.00 ($130.23) price objective by investment analysts at Societe Generale in a report released on Thursday. The firm presently has a “neutral” rating on the stock. Societe Generale’s target price would suggest a potential downside of 10.61% from the stock’s previous close.

HNR1 has been the subject of a number of other reports. Independent Research set a €120.00 ($139.53) price objective on Hannover Re and gave the stock a “neutral” rating in a research note on Friday, August 24th. Royal Bank of Canada set a €122.00 ($141.86) price objective on Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Baader Bank set a €110.00 ($127.91) price objective on Hannover Re and gave the stock a “neutral” rating in a research note on Wednesday, August 22nd. Barclays set a €105.60 ($122.79) price objective on Hannover Re and gave the stock a “sell” rating in a research note on Friday, September 7th. Finally, equinet set a €110.00 ($127.91) price objective on Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Five equities research analysts have rated the stock with a sell rating and seventeen have issued a hold rating to the company’s stock. Hannover Re presently has a consensus rating of “Hold” and a consensus price target of €112.87 ($131.24).

Shares of Hannover Re stock opened at €125.30 ($145.70) on Thursday. Hannover Re has a 12 month low of €94.75 ($110.17) and a 12 month high of €116.37 ($135.31).

About Hannover Re

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 Property & Casualty Reinsurance segment offers specialty lines comprising marine, aviation, facultative, credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.

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Analyst Recommendations for Hannover Re (FRA:HNR1)

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