Hannover Rück (OTCMKTS:HVRRY) Upgraded by Hsbc Global Res to “Hold” Rating

Hsbc Global Res upgraded shares of Hannover Rück (OTCMKTS:HVRRY) to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

A number of other research firms have also weighed in on HVRRY. The Goldman Sachs Group raised shares of 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 report on Tuesday, January 28th.

Hannover Rück Trading Down 2.4 %

HVRRY opened at $52.80 on Monday. Hannover Rück has a fifty-two week low of $38.40 and a fifty-two week high of $54.78. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $38.21 billion, a price-to-earnings ratio of 15.62 and a beta of 0.52. The company’s 50 day moving average price is $48.96 and its two-hundred day moving average price is $45.63.

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.