Zacks Research Downgrades Hannover Ruck (OTCMKTS:HVRRY) to Strong Sell

Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

Separately, Berenberg Bank raised shares of Hannover Ruck to a “strong-buy” rating in a report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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Hannover Ruck Trading Down 0.6%

Shares of Hannover Ruck stock opened at $44.63 on Monday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.07 and a quick ratio of 0.06. The business has a fifty day simple moving average of $47.77 and a two-hundred day simple moving average of $49.03. Hannover Ruck has a 1 year low of $43.00 and a 1 year high of $55.72. The company has a market capitalization of $32.29 billion, a price-to-earnings ratio of 10.55 and a beta of 0.20.

Hannover Ruck (OTCMKTS:HVRRY – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.40). The company had revenue of $8.16 billion during the quarter, compared to analyst estimates of $8.54 billion. Hannover Ruck had a net margin of 9.84% and a return on equity of 19.51%. Research analysts forecast that Hannover Ruck will post 4.46 EPS for the current year.

Hannover Ruck Company Profile

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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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