Shares of Hannover Ruck SE (OTCMKTS:HVRRY – Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as $45.3750 and last traded at $45.4933, with a volume of 23708 shares traded. The stock had previously closed at $46.52.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank raised shares of Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.
Check Out Our Latest Analysis on HVRRY
Hannover Ruck Trading Down 2.1%
Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) last issued its earnings results on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.40). Hannover Ruck had a return on equity of 20.27% and a net margin of 9.84%.The firm had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.54 billion. Analysts anticipate that Hannover Ruck SE will post 4.67 earnings per share for the current fiscal year.
About Hannover Ruck
Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.
Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.
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