HANNOVER RUECK/S (OTCMKTS:HVRRY) Upgraded by ValuEngine to “Buy”

ValuEngine upgraded shares of HANNOVER RUECK/S (OTCMKTS:HVRRY) from a hold rating to a buy rating in a research note issued to investors on Thursday, June 6th, ValuEngine reports.

Several other research firms have also recently weighed in on HVRRY. Zacks Investment Research upgraded shares of HANNOVER RUECK/S from a sell rating to a hold rating in a report on Friday, May 17th. Goldman Sachs Group cut shares of HANNOVER RUECK/S from a neutral rating to a sell rating in a report on Monday, April 29th.

Shares of OTCMKTS HVRRY traded up $0.91 during mid-day trading on Thursday, hitting $80.98. The stock had a trading volume of 659 shares, compared to its average volume of 1,546. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.24. HANNOVER RUECK/S has a 1 year low of $61.65 and a 1 year high of $81.16. The business’s 50 day moving average price is $77.05. The stock has a market capitalization of $19.31 billion, a price-to-earnings ratio of 14.27 and a beta of 0.76.

HANNOVER RUECK/S (OTCMKTS:HVRRY) last issued its earnings results on Friday, May 3rd. The financial services provider reported $1.38 EPS for the quarter. HANNOVER RUECK/S had a net margin of 5.55% and a return on equity of 11.41%. The company had revenue of $5.69 billion for the quarter. On average, sell-side analysts predict that HANNOVER RUECK/S will post 5.5 EPS for the current fiscal year.

About HANNOVER RUECK/S

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: Outstanding Shares

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