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

Barclays upgraded shares of Hannover Rück (OTCMKTS:HVRRY) to a strong sell rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Hannover Rück Stock Performance

HVRRY opened at $45.16 on Tuesday. Hannover Rück has a twelve month low of $38.40 and a twelve month high of $48.42. The firm has a market capitalization of $32.67 billion, a PE ratio of 13.36 and a beta of 0.73. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.39. The firm’s 50-day moving average price is $43.57 and its 200 day moving average price is $44.23.

Hannover Rück (OTCMKTS:HVRRY) last issued its earnings results on Monday, November 11th. The financial services provider reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.24. Hannover Rück had a return on equity of 19.44% and a net margin of 8.78%. The business had revenue of $7.46 billion for the quarter. As a group, sell-side analysts expect that Hannover Rück will post 3.45 EPS for the current fiscal year.

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.