Hannover Rück (OTCMKTS:HVRRY) Upgraded to Strong Sell at Barclays

Barclays upgraded shares of Hannover Rück (OTCMKTS:HVRRY) to a strong sell rating in a research report sent to investors on Tuesday,Zacks.com reports.

Hannover Rück Stock Down 1.0 %

HVRRY stock opened at $45.16 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.10 and a current ratio of 0.10. The company’s 50 day moving average price is $43.57 and its 200 day moving average price is $44.23. The firm has a market capitalization of $32.67 billion, a price-to-earnings ratio of 13.36 and a beta of 0.73. Hannover Rück has a fifty-two week low of $38.40 and a fifty-two week high of $48.42.

Hannover Rück (OTCMKTS:HVRRY) last issued its earnings results on Monday, November 11th. The financial services provider reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.24. The business had revenue of $7.46 billion for the quarter. Hannover Rück had a return on equity of 19.44% and a net margin of 8.78%. On average, equities research analysts anticipate that Hannover Rück will post 3.45 EPS for the current fiscal year.

Hannover Rück Company Profile

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.