Hannover Rück (OTCMKTS:HVRRY) Hits New 1-Year High – Still a Buy?

Hannover Rück SE (OTCMKTS:HVRRY) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $52.20 and last traded at $51.74, with a volume of 47360 shares. The stock had previously closed at $50.98.

Analysts Set New Price Targets

Several brokerages recently weighed in on HVRRY. The Goldman Sachs Group upgraded Hannover Rück to a “strong-buy” rating in a report on Monday, March 24th. Barclays raised shares of Hannover Rück to a “strong sell” rating in a research note on Tuesday, January 28th.

Hannover Rück Stock Performance

The business has a fifty day moving average of $47.11 and a 200-day moving average of $45.15. The company has a market cap of $37.44 billion, a PE ratio of 15.31 and a beta of 0.52. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.39.

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.