Hannover Re (HNR1) Given a €114.00 Price Target at JPMorgan Chase & Co.

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Hannover Re (FRA:HNR1) received a €114.00 ($132.56) price target from stock analysts at JPMorgan Chase & Co. in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 11.63% from the company’s current price.

Several other equities analysts also recently commented on HNR1. Deutsche Bank set a €112.00 ($130.23) target price on shares of Hannover Re and gave the stock a “neutral” rating in a report on Monday, January 7th. Kepler Capital Markets set a €115.00 ($133.72) target price on shares of Hannover Re and gave the stock a “neutral” rating in a report on Wednesday, January 9th. Royal Bank of Canada set a €130.00 ($151.16) target price on shares of Hannover Re and gave the stock a “neutral” rating in a report on Monday, January 21st. Goldman Sachs Group set a €120.00 ($139.53) target price on shares of Hannover Re and gave the stock a “neutral” rating in a report on Thursday, January 24th. Finally, UBS Group set a €123.00 ($143.02) target price on shares of Hannover Re and gave the stock a “neutral” rating in a report on Friday, February 1st. Four investment analysts have rated the stock with a sell rating and fifteen have issued a hold rating to the stock. Hannover Re currently has a consensus rating of “Hold” and an average price target of €118.37 ($137.64).

HNR1 stock opened at €129.00 ($150.00) on Tuesday. Hannover Re has a one year low of €94.75 ($110.17) and a one 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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