UBS Group downgraded shares of Hannover Rück (OTC:HVRRF – Get Rating) from a neutral rating to a sell rating in a report released on Thursday, The Fly reports.
Separately, Barclays increased their target price on shares of Hannover Rück from €133.70 ($143.76) to €149.50 ($160.75) and gave the company an underweight rating in a research report on Tuesday, November 22nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Hold and an average target price of $175.83.
Get Hannover Rück alerts:Hannover Rück Price Performance
Hannover Rück stock opened at $189.76 on Thursday. The business has a 50 day moving average of $170.21 and a 200-day moving average of $152.30. Hannover Rück has a 1 year low of $138.40 and a 1 year high of $203.15.
About Hannover Rück
(Get Rating)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 company offers property, casualty, facultative, catastrophe XL, structured reinsurance, and insurance-linked securities.
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