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.
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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...