JPMorgan Chase & Co. Analysts Give Hannover Re (FRA:HNR1) a €114.00 Price Target

JPMorgan Chase & Co. set a €114.00 ($132.56) price target on Hannover Re (FRA:HNR1) in a research note released on Tuesday, May 7th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other analysts have also issued reports on HNR1. Deutsche Bank set a €112.00 ($130.23) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Monday, January 7th. Kepler Capital Markets set a €115.00 ($133.72) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Wednesday, January 9th. Royal Bank of Canada set a €130.00 ($151.16) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Monday, January 21st. Goldman Sachs Group set a €120.00 ($139.53) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Thursday, January 24th. Finally, UBS Group set a €123.00 ($143.02) target price on shares of Hannover Re and gave the company a neutral rating in a research note on Friday, February 1st. Five research analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company. The stock has a consensus rating of Hold and an average target price of €119.15 ($138.55).

FRA HNR1 traded down €1.00 ($1.16) on Tuesday, hitting €134.20 ($156.05). 199,198 shares of the stock were exchanged. Hannover Re has a 52-week low of €94.75 ($110.17) and a 52-week 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.

Further Reading: Net Margin

Analyst Recommendations for Hannover Re (FRA:HNR1)

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