HANNOVER RUECK/S (OTCMKTS:HVRRY) Downgraded to “Hold” at ValuEngine

ValuEngine downgraded shares of HANNOVER RUECK/S (OTCMKTS:HVRRY) from a buy rating to a hold rating in a research note issued to investors on Thursday, ValuEngine reports.

A number of other research analysts also recently issued reports on the stock. Goldman Sachs Group downgraded shares of HANNOVER RUECK/S from a neutral rating to a sell rating in a research report on Monday, April 29th. Zacks Investment Research upgraded shares of HANNOVER RUECK/S from a sell rating to a hold rating in a research report on Friday, May 17th.

OTCMKTS:HVRRY traded up $0.10 during mid-day trading on Thursday, hitting $78.76. 1,468 shares of the company’s stock were exchanged, compared to its average volume of 3,065. The stock’s 50 day moving average is $80.23. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.19 and a quick ratio of 0.19. HANNOVER RUECK/S has a fifty-two week low of $63.38 and a fifty-two week high of $83.05. The company has a market cap of $18.94 billion, a price-to-earnings ratio of 14.05 and a beta of 0.78.

HANNOVER RUECK/S (OTCMKTS:HVRRY) last issued its quarterly earnings results on Friday, May 3rd. The financial services provider reported $1.38 earnings per share (EPS) for the quarter. The firm had revenue of $5.69 billion for the quarter. HANNOVER RUECK/S had a net margin of 5.55% and a return on equity of 11.41%. On average, analysts forecast that HANNOVER RUECK/S will post 5.74 earnings per share for the current year.

HANNOVER RUECK/S Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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