Hannover Re (HNR1) Given a €115.00 Price Target by UBS Group Analysts

Hannover Re (FRA:HNR1) has been assigned a €115.00 ($133.72) price objective by stock analysts at UBS Group in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential downside of 8.22% from the stock’s current price.

A number of other research analysts also recently commented on the company. DZ Bank restated a “buy” rating on shares of Hannover Re in a research note on Thursday, August 9th. 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 Thursday, August 9th. 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. Commerzbank set a €112.00 ($130.23) price objective on Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Finally, Baader Bank set a €107.00 ($124.42) price objective on Hannover Re and gave the stock a “neutral” rating in a research note on Thursday, August 9th. Five investment analysts have rated the stock with a sell rating and seventeen have assigned a hold rating to the stock. Hannover Re presently has a consensus rating of “Hold” and an average target price of €112.87 ($131.24).

Shares of FRA HNR1 opened at €125.30 ($145.70) on Thursday. Hannover Re has a twelve month low of €94.75 ($110.17) and a twelve 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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