Hannover Re (FRA:HNR1) Given a €155.00 Price Target by Nord/LB Analysts

Nord/LB set a €155.00 ($180.23) price objective on Hannover Re (FRA:HNR1) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other research analysts have also issued reports about the stock. Goldman Sachs Group set a €120.00 ($139.53) target price on shares of Hannover Re and gave the stock a sell rating in a research note on Wednesday. Bankhaus Lampe set a €135.00 ($156.98) target price on shares of Hannover Re and gave the stock a neutral rating in a research note on Wednesday. UBS Group set a €150.00 ($174.42) target price on shares of Hannover Re and gave the stock a neutral rating in a research note on Wednesday. Barclays set a €123.10 ($143.14) target price on shares of Hannover Re and gave the stock a sell rating in a research note on Wednesday. Finally, Jefferies Financial Group set a €140.00 ($162.79) target price on shares of Hannover Re and gave the stock a neutral rating in a research note on Wednesday, August 14th. Seven investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €132.86 ($154.49).

HNR1 traded down €0.10 ($0.12) during trading on Thursday, reaching €165.70 ($192.67). The company’s stock had a trading volume of 143,997 shares. The firm has a fifty day simple moving average of €156.73 and a two-hundred day simple moving average of €144.87. Hannover Re has a 1 year low of €94.75 ($110.17) and a 1 year 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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Analyst Recommendations for Hannover Re (FRA:HNR1)

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