Hannover Ruck SE (OTCMKTS:HVRRY) Receives Average Recommendation of “Hold” from Brokerages
Hannover Ruck SE (OTCMKTS:HVRRY) has earned a consensus recommendation of “Hold” from the eight research firms that are covering the stock. Five investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $63.00.
Several equities research analysts recently commented on the company. Macquarie raised Hannover Ruck SE from an “underperform” rating to a “neutral” rating in a research note on Monday, August 8th. Citigroup Inc. raised Hannover Ruck SE from a “neutral” rating to a “buy” rating in a research note on Thursday, August 18th. Finally, Credit Suisse Group AG raised Hannover Ruck SE from an “underperform” rating to a “neutral” rating in a research note on Monday, August 8th.
Shares of Hannover Ruck SE (OTCMKTS:HVRRY) traded down 0.19% during midday trading on Wednesday, hitting $53.50. The stock had a trading volume of 200 shares. The firm has a market cap of $12.90 billion, a P/E ratio of 10.41 and a beta of 1.16. Hannover Ruck SE has a 52 week low of $47.75 and a 52 week high of $60.17. The company’s 50 day moving average is $52.30 and its 200 day moving average is $53.81.
Hannover Ruck SE Company Profile
Hannover Rueck SE is a reinsurance company. The Company operates through two segments: Property & Casualty reinsurance and Life & Health reinsurance. The Company under the Property & Casualty reinsurance segment is engaged in marine and aviation reinsurance, credit and surety reinsurance, business written on the London Market, as well as direct business and facultative reinsurance.
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