HSBC downgraded Hannover Re (HVRRY) to Hold from Buy with an unchanged price target of EUR 290. The firm sees limited room for earnings revisions as a lot of “good news” is already priced into the shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HVRRY:
- Hannover Re price target raised to EUR 297 from EUR 292 at Morgan Stanley
- Hannover Re price target raised to EUR 221 from EUR 220 at Barclays
- Hannover Re initiated with a Buy at Goldman Sachs
- Hannover Re Surpasses Earnings Targets with Strong 2024 Performance
- Allianz, BlackRock, T&D in consortium for Cinven’s Viridium stake for EUR3.5B
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue