Higher analyst expectations despite challenging market environment
Higher analyst expectations despite challenging market environment
In total, around 280 analyst recommendations were published for Hannover Re and the insurance sector in the 2013 financial year. By the end of the year 34 analysts had handed down opinions on Hannover Re: 11 (7) analysts recommended the Hannover Re share as “buy” or “overweight”; altogether 20 (18) opinions were a “hold”, making this the most common, while “underweight” or “sell” recommendations were issued a total of 3 (8) times. The analysts’ average price target climbed steadily in the course of the year from EUR 56.01 at the outset to EUR 63.18 at year-end.