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Helvetia Holding AG ( (CH:HBAN) ) has shared an announcement.
AM Best has confirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of ‘a+’ (Excellent) for Helvetia Schweizerische Versicherungsgesellschaft AG, with a stable outlook. This follows the successful merger of Helvetia Holding AG and Baloise Holding AG, which has strengthened the group’s market position and operational performance, supported by a strong balance sheet and effective risk management. The merger is expected to enhance long-term performance and efficiency through synergies, reinforcing the strategic direction of the Helvetia Baloise Group.
The most recent analyst rating on (CH:HBAN) stock is a Buy with a CHF236.00 price target. To see the full list of analyst forecasts on Helvetia Holding AG stock, see the CH:HBAN Stock Forecast page.
More about Helvetia Holding AG
Helvetia Baloise is a leading insurance group in Europe and the largest all-sector insurer in Switzerland. With headquarters in Basel, the company offers insurance, pension, and financial solutions to around 13 million customers across eight European markets and global Specialty Markets. Helvetia Baloise is committed to providing individual solutions for customers, ensuring reliable investments for shareholders, and offering attractive opportunities for employees.
Average Trading Volume: 80,036
Technical Sentiment Signal: Buy
For a thorough assessment of HBAN stock, go to TipRanks’ Stock Analysis page.