Hannover Ruck (OTCMKTS:HVRRY) Rating Lowered to “Strong Sell” at Zacks Research

Hannover Ruck (OTCMKTS:HVRRY) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Separately, Berenberg Bank upgraded shares of Hannover Ruck to a “strong-buy” rating in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Hannover Ruck Trading Down 0.6%

Hannover Ruck stock opened at $44.63 on Monday. Hannover Ruck has a 52-week low of $43.00 and a 52-week high of $55.72. The company has a market cap of $32.29 billion, a P/E ratio of 10.55 and a beta of 0.20. The company has a quick ratio of 0.06, a current ratio of 0.07 and a debt-to-equity ratio of 0.28. The business has a 50-day simple moving average of $47.77 and a two-hundred day simple moving average of $49.03.

Hannover Ruck (OTCMKTS:HVRRY) last posted its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.40). Hannover Ruck had a return on equity of 19.51% and a net margin of 9.84%.The business had revenue of $8.16 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Analysts predict that Hannover Ruck will post 4.46 EPS for the current year.

Hannover Ruck Company Profile

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.