Hannover Re (FRA:HNR1) Given a €133.00 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €133.00 ($154.65) target price on Hannover Re (FRA:HNR1) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

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A number of other research analysts have also recently commented on HNR1. Nord/LB set a €130.00 ($151.16) target price on Hannover Re and gave the company a neutral rating in a research note on Tuesday, August 13th. Deutsche Bank set a €122.00 ($141.86) target price on Hannover Re and gave the company a neutral rating in a research note on Friday, August 9th. Independent Research set a €145.00 ($168.60) target price on Hannover Re and gave the company a neutral rating in a research note on Thursday, August 8th. Goldman Sachs Group set a €120.00 ($139.53) target price on Hannover Re and gave the company a sell rating in a research note on Friday, October 18th. Finally, Jefferies Financial Group set a €140.00 ($162.79) target price on Hannover Re and gave the company a neutral rating in a research note on Wednesday, August 14th. Seven equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €132.86 ($154.49).

HNR1 opened at €165.70 ($192.67) on Wednesday. The stock’s 50 day moving average price is €156.73 and its 200-day moving average price is €144.87. Hannover Re has a one year low of €94.75 ($110.17) and a one year high of €116.37 ($135.31).

Hannover Re Company Profile

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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