Hannover Rück stock: RBC lifts target to EUR 280.00 for Hannover Rück stock
Published on 10/21/2026 at 16:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- RBC raised its Hannover Rück target from EUR 270.00 to EUR 280.00 on October 19, 2026.
- Hannover Rück targets at least EUR 2.70 billion in group net income for fiscal year 2026.
- Hannover Rück stock costs EUR 277.20 at Lang & Schwarz on October 21, 2026 at 4:36 p.m. CEST, 0.51 percent above the Xetra close of October 20, 2026.
- The next quarterly statement is scheduled for November 9, 2026.
RBC raised its target for Hannover Rück from EUR 270.00 to EUR 280.00 while retaining its Sector Perform rating in a study dated October 19, 2026, as reported by onvista. Hannover Rück stock was trading at EUR 277.20 at Lang & Schwarz on October 21, 2026 at 4:36 p.m. CEST, up 0.51 percent versus the Xetra close of October 20, 2026.
RBC sees a EUR 280 target
The revised target sits 1.01 percent above the Lang & Schwarz price. RBC also lifted its earnings-per-share forecasts for 2027 and 2028, while keeping the rating at Sector Perform, according to onvista. The report cited stronger industry earnings and higher bond yields as forces that could pressure property and casualty reinsurance pricing through 2027, with investment income providing a possible offset.
What does the target change imply?
JPMorgan kept a Neutral rating and a EUR 270.00 target on October 20, 2026. The bank said its analyst expected Hannover Rück to use its full major-claims budget for the third quarter, while the 2026 earnings objective remained aligned with the company target, according to finanzen.net. The two views frame EUR 270.00 as a cautious counterpoint to RBC's EUR 280.00 target.
Stock stays near its yearly high
The stock's 52-week range was EUR 223.40 to EUR 281.20 as of October 21, 2026. At EUR 277.20, the price stood 1.42 percent below the high. The market capitalization was EUR 33.4 billion, the price-to-earnings ratio was 3.66 and trading volume was 43,309 shares on the same date.
Guidance and upcoming dates
Hannover Rück's 2026 guidance calls for group net income of at least EUR 2.70 billion, assuming major-claims expenses do not materially exceed EUR 2.30 billion, according to the company's investor-relations page dated September 30, 2026, Hannover Rück. The next quarterly statement, covering the period ended September 30, 2026, is scheduled for November 9, 2026. A strategy presentation is expected on November 25, 2026, as reported by finanzen.net.
Price and investor perspective
RBC's higher target leaves only 1.01 percent between its valuation and the current euro price, while JPMorgan's EUR 270.00 target remains 2.67 percent below it. The next results date will provide the clearest test of claims costs against the 2026 earnings objective. The further course of trading is shown by the continuously updated real-time quote of Hannover Rück stock.
Hannover Rück market facts
- Company: Hannover Rück SE
- ISIN: DE0008402215
- Ticker: HNR1
- Price Lang & Schwarz as of October 21, 2026 at 4:36 p.m. CEST: EUR 277.20
- Change versus Xetra close: plus 0.51 percent
- Xetra close October 20, 2026: EUR 275.80
- Market capitalization: EUR 33.4 billion as of October 21, 2026
- 52-week range: EUR 223.40-EUR 281.20 as of October 21, 2026
- Sector / Industry: Financial Services / Insurance - Reinsurance
Market context: Market report DAX.
