Hannover Rück (FRA:HNR1 – Get Rating) has been given a €194.00 ($200.00) price objective by investment analysts at Berenberg Bank in a report released on Thursday, Borsen Zeitung reports. Berenberg Bank’s price objective points to a potential upside of 34.96% from the company’s previous close.
Other analysts have also issued reports about the company. Morgan Stanley set a €180.00 ($185.57) price target on Hannover Rück in a report on Wednesday, May 11th. UBS Group set a €150.00 ($154.64) price target on Hannover Rück in a report on Thursday. Jefferies Financial Group set a €185.00 ($190.72) price objective on Hannover Rück in a report on Thursday. Credit Suisse Group set a €174.00 ($179.38) price objective on Hannover Rück in a report on Thursday, May 5th. Finally, The Goldman Sachs Group set a €195.00 ($201.03) price target on Hannover Rück in a research note on Wednesday, July 13th.
Hannover Rück Trading Up 1.5 %
HNR1 stock opened at €143.75 ($148.20) on Thursday. The business’s 50-day moving average price is €138.87 and its two-hundred day moving average price is €149.33. Hannover Rück has a 1-year low of €94.75 ($97.68) and a 1-year high of €116.37 ($119.97).
About Hannover Rück
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 company offers property, casualty, facultative, catastrophe XL, structured reinsurance, and insurance-linked securities.
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