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

Hannover Rück (OTCMKTS:HVRRY) was upgraded by equities researchers at Barclays to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.

Hannover Rück Stock Performance

Shares of Hannover Rück stock opened at $45.16 on Tuesday. Hannover Rück has a one year low of $38.40 and a one year high of $48.42. The company has a market cap of $32.67 billion, a price-to-earnings ratio of 13.36 and a beta of 0.73. 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 business’s 50 day moving average price is $43.57 and its 200 day moving average price is $44.23.

Hannover Rück (OTCMKTS:HVRRY) last posted its earnings results on Monday, November 11th. The financial services provider reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.24. Hannover Rück had a return on equity of 19.44% and a net margin of 8.78%. The company had revenue of $7.46 billion for the quarter. On average, research analysts predict that Hannover Rück will post 3.45 EPS for the current 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.