ubs maintains neutral rating on hannover re with target price of 267 euros

Hannover Re, a reinsurer, currently has shares trading at 241.40 euros, with UBS maintaining a "Neutral" rating and setting a target price of 267 euros.

Analyst Will Hardcastle mentioned that Hannover Re's management expects stable risk-adjusted pricing in the property and casualty insurance sector, with projected gross premium growth of over seven percent by 2025.

However, the recent management change at Hannover Re may impact investor interest in the company. This development was discussed during UBS investor events, which highlighted the company's resilience and growth potential in a competitive market.

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