Hannover Rück SE (OTCMKTS:HVRRY) Given Average Rating of “Buy” by Analysts

Hannover Rück SE (OTCMKTS:HVRRY) has received an average recommendation of “Buy” from the twelve ratings firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eight have assigned a buy recommendation to the company.

A number of brokerages have commented on HVRRY. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Hannover Rück in a research report on Tuesday, September 7th. Barclays reissued an “underweight” rating on shares of Hannover Rück in a report on Friday, September 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Hannover Rück in a report on Friday, June 25th. DZ Bank reissued a “buy” rating on shares of Hannover Rück in a report on Friday, June 25th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Hannover Rück in a report on Friday, August 6th.

HVRRY traded up $0.56 on Friday, reaching $95.32. 2,144 shares of the stock were exchanged, compared to its average volume of 3,409. The company’s 50-day moving average price is $88.78 and its 200 day moving average price is $89.47. Hannover Rück has a fifty-two week low of $71.85 and a fifty-two week high of $97.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.19 and a quick ratio of 0.19. The firm has a market capitalization of $22.99 billion, a PE ratio of 16.21 and a beta of 0.90.

Hannover Rück (OTCMKTS:HVRRY) last issued its quarterly earnings results on Thursday, August 5th. The financial services provider reported $1.82 EPS for the quarter. Hannover Rück had a return on equity of 10.18% and a net margin of 4.75%. The company had revenue of $7.53 billion during the quarter. As a group, equities analysts forecast that Hannover Rück will post 6.55 earnings per share for the current fiscal year.

Hannover Rück Company Profile

Hannover Rueck SE engages in the provision of reinsurance activities. It operates through the Property and Casualty Reinsurance, and Life and Health Reinsurance business segments. The company was founded on June 6, 1966 and is headquartered in Hannover, Germany.

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Analyst Recommendations for Hannover Rück (OTCMKTS:HVRRY)

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