Hannover Re (FRA:HNR1) received a €110.00 ($127.91) price objective from investment analysts at Baader Bank in a report released on Thursday. The firm presently has a “neutral” rating on the stock. Baader Bank’s price objective would indicate a potential downside of 12.21% from the stock’s previous close.

A number of other brokerages have also recently issued reports on HNR1. Nord/LB set a €118.00 ($137.21) target price on Hannover Re and gave the stock a “neutral” rating in a report on Friday, August 10th. UBS Group set a €114.00 ($132.56) target price on Hannover Re and gave the stock a “neutral” rating in a report on Monday, August 20th. Royal Bank of Canada set a €122.00 ($141.86) target price on Hannover Re and gave the stock a “neutral” rating in a report on Monday, October 29th. Credit Suisse Group set a €122.00 ($141.86) target price on Hannover Re and gave the stock a “neutral” rating in a report on Friday, August 10th. Finally, Barclays set a €106.30 ($123.60) target price on Hannover Re and gave the stock a “sell” rating in a report on Tuesday, July 17th. Five investment analysts have rated the stock with a sell rating and seventeen have given a hold rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €112.87 ($131.24).

Shares of FRA:HNR1 opened at €125.30 ($145.70) on Thursday. Hannover Re has a 1 year low of €94.75 ($110.17) and a 1 year 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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