Shares in Hannover Rueck SE have recently experienced substantial gains. This suggests that the timing is opportune to lock in gains prior to a likely technical correction. Investors should open a short trade and target the € 101.
The company usually posts poor financials for mid or long term investments.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Historically, the company has been releasing figures that are above expectations.
The company's attractive earnings multiples are brought to light by a P/E ratio at 12.38 for the current year.
This company will be of major interest to investors in search of a high dividend stock.
The stock is in a well-established, long-term rising trend above the technical support level at 97.81 EUR
Technically, the stock approaches a strong medium-term resistance at EUR 107.25.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
Disclaimer: 4-traders.com is a website published by SURPERFORMANCE SAS. Surperformance or 4-traders.com is not a registered broker-dealer nor a registered investment adviser. You understand that this web site and its content is furnished for your personal, noncommercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold any other security, nor that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Surperformance and 4-traders.com services will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Information regarding trading and investment as provided by Surperformance professional is not tailored to the investment needs of any specific person. You acknowledge that you are responsible for your own financial decisions and should seek a registered financial agent depending on your own risk tolerance to advise you on your personal trading activities.
Provides reinsurance servicesHannover Rueck SE engages in the provision of reinsurance activities.It operates through the Property and Casualty Reinsurance, and Life and Health Reinsurance segments.The Property and Casualty Reinsurance segment deals with specialty lines and global reinsurance...