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

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

Hannover Rück Trading Down 1.0 %

Shares of OTCMKTS:HVRRY opened at $45.16 on Tuesday. Hannover Rück has a 52-week low of $38.40 and a 52-week high of $48.42. The stock 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 quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.39. The business has a 50-day moving average price of $43.57 and a 200-day moving average price of $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, topping the consensus estimate of $0.77 by $0.24. The firm had revenue of $7.46 billion for the quarter. Hannover Rück had a return on equity of 19.44% and a net margin of 8.78%. Equities analysts predict that Hannover Rück will post 3.45 EPS for the current year.

About Hannover Rück

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.