Hannover Ruck SE (HVRRY) Given Consensus Rating of “Hold” by Analysts
Hannover Ruck SE (OTCMKTS:HVRRY) has earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the firm. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $63.00.
Several brokerages have recently commented on HVRRY. Credit Suisse Group AG 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, Macquarie 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) opened at 56.44 on Wednesday. The firm’s 50 day moving average is $0.00 and its 200 day moving average is $0.00. Hannover Ruck SE has a 1-year low of $47.75 and a 1-year high of $60.17.
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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