Hannover Rück stock falls 1.08 percent as targets diverge

Published on 09/29/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hannover Rück stock targets at least EUR 2.7 billion in 2026 net income. Berenberg keeps a EUR 330.00 target dated September 8, 2026.

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Hannover Rück (ISIN DE0008402215) was trading at EUR 256.00 at Lang & Schwarz on September 29, 2026 at 1:59 p.m. CEST, down 1.08 percent versus the Xetra close of EUR 258.80 on September 28, 2026. The move comes as the reinsurer heads toward its next quarterly statement with a 2026 net income target of at least EUR 2.7 billion.

2026 target stays at EUR 2.7 billion

According to Hannover Re, group net income is targeted at at least EUR 2.7 billion for 2026. The company links that target to major-claims expenses not materially exceeding the expected EUR 2.3 billion and to the absence of major negative capital-market developments.

The next scheduled checkpoint is the quarterly statement for the period ending September 30, 2026, listed for November 9, 2026, on the company's investor-relations calendar. That date gives the stock a defined earnings event after the current September quotation.

Analyst targets remain above the quote

finanzen.net reported on September 8, 2026, that Berenberg kept a Buy rating and a EUR 330.00 price target for Hannover Rück. Against the EUR 256.00 Lang & Schwarz price, that target stands 28.91 percent above the quote.

Jefferies took a more cautious step on September 8, 2026, according to finanzen.at. The research house cut its target from EUR 360.00 to EUR 325.00 but retained its Buy rating, citing the importance of reserve buffers as reinsurance prices trend lower.

Stock remains below its yearly high

Hannover Rück's market capitalization was EUR 30.8 billion on September 29, 2026. Its 52-week range was EUR 223.40 to EUR 281.20, placing the current EUR 256.00 quote EUR 25.20 below the yearly high and EUR 32.60 above the yearly low.

For investors, the contrast is clear: the stock is down against the previous Xetra session, while both cited analyst targets remain above the Lang & Schwarz quote. The November 9, 2026 reporting date will provide the next company-specific test of the EUR 2.7 billion earnings objective.

Hannover Rück stock snapshot

Hannover Rück was trading at EUR 256.00 at Lang & Schwarz on September 29, 2026 at 1:59 p.m. CEST. The price was down 1.08 percent versus the Xetra close of EUR 258.80 on September 28, 2026.