Royal Bank of Canada Analysts Give Hannover Re (HNR1) a €122.00 Price Target

Hannover Re (FRA:HNR1) has been given a €122.00 ($145.24) target price by research analysts at Royal Bank of Canada in a report released on Friday. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 6.92% from the company’s current price.

A number of other equities research analysts have also recently weighed in on HNR1. equinet set a €110.00 ($130.95) price target on shares of Hannover Re and gave the company a “neutral” rating in a research report on Monday, May 7th. Barclays set a €104.90 ($124.88) price target on shares of Hannover Re and gave the company a “sell” rating in a research report on Tuesday, May 8th. HSBC set a €110.00 ($130.95) price target on shares of Hannover Re and gave the company a “sell” rating in a research report on Wednesday, May 9th. Baader Bank set a €107.00 ($127.38) price target on shares of Hannover Re and gave the company a “neutral” rating in a research report on Monday, May 7th. Finally, Independent Research set a €121.00 ($144.05) price target on shares of Hannover Re and gave the company a “neutral” rating in a research report on Monday, May 7th. Five research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and three have given a buy rating to the company’s stock. Hannover Re presently has an average rating of “Hold” and a consensus price target of €110.99 ($132.13).

Shares of HNR1 traded up €0.10 ($0.12) during trading on Friday, reaching €114.10 ($135.83). 122,428 shares of the company traded hands. Hannover Re has a twelve month low of €94.75 ($112.80) and a twelve month high of €116.37 ($138.54).



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.

Analyst Recommendations for Hannover Re (FRA:HNR1)

Receive News & Ratings for Hannover Re Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannover Re and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply