Hannover Re (FRA:HNR1) received a €115.00 ($133.72) target price from investment analysts at UBS Group in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential downside of 8.22% from the stock’s previous close.

Several other brokerages also recently commented on HNR1. Societe Generale set a €112.00 ($130.23) target price on Hannover Re and gave the company a “neutral” rating in a report on Thursday. Royal Bank of Canada set a €122.00 ($141.86) target price on Hannover Re and gave the company a “neutral” rating in a report on Thursday. Baader Bank set a €110.00 ($127.91) target price on Hannover Re and gave the company a “neutral” rating in a report on Thursday. Goldman Sachs Group set a €116.00 ($134.88) target price on Hannover Re and gave the company a “neutral” rating in a report on Thursday. Finally, equinet set a €110.00 ($127.91) target price on Hannover Re and gave the company a “neutral” rating in a report on Thursday. Five equities research analysts have rated the stock with a sell rating and seventeen have issued a hold rating to the stock. Hannover Re presently has an average rating of “Hold” and a consensus price target of €112.87 ($131.24).

Shares of FRA HNR1 opened at €125.30 ($145.70) on Thursday. Hannover Re has a 12 month low of €94.75 ($110.17) and a 12 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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