Citigroup Inc. Lowers Hannover Ruck SE (HVRRY) to Neutral
Hannover Ruck SE (OTCMKTS:HVRRY) was downgraded by Citigroup Inc. from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, May 10th.
Separately, Zacks Investment Research upgraded shares of Hannover Ruck SE from a “sell” rating to a “hold” rating in a research report on Friday, January 20th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Hannover Ruck SE currently has a consensus rating of “Hold” and an average target price of $65.00.
Shares of Hannover Ruck SE (OTCMKTS:HVRRY) traded up 0.92% on Wednesday, hitting $60.28. 986 shares of the stock were exchanged. Hannover Ruck SE has a one year low of $48.76 and a one year high of $63.40. The firm’s 50 day moving average price is $60.04 and its 200 day moving average price is $56.90. The firm has a market cap of $14.51 billion, a price-to-earnings ratio of 11.21 and a beta of 1.01.
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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