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los angeles faces worsening fire conditions as winds intensify

Hannover Rueck reported strong quarterly results, with earnings per share rising to €5.50 from €3.64, and revenue increasing by 10.12% to €7.39 billion. Analysts remain optimistic, with Jefferies raising its price target to €320 and Berenberg maintaining a "Buy" rating at €260, despite market fluctuations. Meanwhile, California's wildfires have resulted in significant insured losses, potentially costing the insurance industry tens of billions.

Allianz Targets Significant Profit Growth and Enhanced Shareholder Returns by 2027

Berenberg has reiterated a "Buy" rating for Allianz SE, setting a target price of 376 euros, anticipating an operating profit of at least 18.1 billion euros by 2027. Meanwhile, UBS maintains a "Neutral" stance with a target of 300 euros, aligning with Allianz's ambitious growth strategy aiming for 7-9% annual earnings per share increases and a minimum 17% return on equity by 2027.
08:38 10.12.2024

analysts raise targets for zurich insurance amid positive market momentum

Zurich Insurance Group's stock is experiencing positive momentum, with Barclays raising its target price from 540 to 565 francs and maintaining an "Overweight" rating. Despite a downgrade from JPMorgan to "Underweight" with a target of 440 francs, other analysts, including Goldman Sachs and UBS, have also increased their target prices, reflecting confidence in the company's ambitious financial targets. The share price recently reached 594.30 euros, marking a significant growth of 9.43% over the past month.
06:49 26.11.2024
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