Hannover Re shares have been given a "Neutral" rating by UBS AG, with a target price of 267 euros. According to analyst Will Hardcastle, the company's management expects stable risk-adjusted pricing in property and casualty insurance, with gross premium growth in this segment projected to exceed seven percent by 2025.
The recent change in management may affect investor interest in the company. Hannover Re shares rose 0.4 percent to EUR 241.50 in the latest trading session, indicating a potential upside of 10.56 percent to reach the target price. Since the beginning of 2024, the stock has seen a significant increase of 15.2 percent, with a trading volume of 109,730 shares for the day.
The next balance sheet presentation for Hannover Re is scheduled for March 13, 2025.