JPMorgan Chase & Co. set a €114.00 ($132.56) price target on Hannover Re (FRA:HNR1) in a research note published on Monday. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently weighed in on the company. Goldman Sachs Group set a €120.00 ($139.53) price objective on Hannover Re and gave the stock a neutral rating in a research report on Monday. Nord/LB set a €118.00 ($137.21) price objective on Hannover Re and gave the stock a neutral rating in a research report on Friday. Deutsche Bank set a €112.00 ($130.23) price objective on Hannover Re and gave the stock a neutral rating in a research report on Wednesday, February 6th. Credit Suisse Group set a €122.00 ($141.86) price objective on Hannover Re and gave the stock a neutral rating in a research report on Wednesday, February 6th. Finally, Independent Research set a €128.00 ($148.84) price target on Hannover Re and gave the company a neutral rating in a research report on Wednesday, February 6th. Four analysts have rated the stock with a sell rating and sixteen have issued a hold rating to the company. Hannover Re currently has an average rating of Hold and an average target price of €114.74 ($133.41).
HNR1 stock opened at €128.30 ($149.19) on Monday. Hannover Re has a fifty-two week low of €94.75 ($110.17) and a fifty-two week high of €116.37 ($135.31).
Hannover Re 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 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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