Jefferies cuts target for Hannover Rück stock from EUR 360 to EUR 325

Published on 10/08/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hannover Rück stock costs EUR 262.90 on October 8, 2026 after EUR 261.40. Revenue reached EUR 7.16 billion in the second quarter.

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Hannover Rück (DE0008402215) was trading at EUR 262.90 at Lang & Schwarz on October 8, 2026 at 11:29 a.m. CEST, up 0.57 percent versus the prior close of EUR 261.40. The latest dated analyst action came on September 9, 2026, when Jefferies cut its price target from EUR 360.00 to EUR 325.00 and retained a Buy rating.

Jefferies lowers its target

According to finanzen.ch on September 9, 2026, Jefferies analyst Philip Kett cited Hannover Rück's reserve buffer and its valuation relative to competitors. The target reduction was EUR 35.00, or 9.72 percent, calculated from the former EUR 360.00 target, while the rating stayed at Buy.

The target of EUR 325.00 stood 23.65 percent above the Lang & Schwarz price of EUR 262.90 on October 8, 2026. That gap gives the analyst action more weight than the modest intraday move, but the lower target also shows that the positive rating came with a reduced valuation benchmark.

Second-quarter revenue rises

finanzen.net reported on October 8, 2026 that Hannover Rück generated EUR 7.16 billion in revenue in the second quarter of 2026, compared with EUR 6.92 billion in the year-ago quarter. Revenue therefore increased 3.49 percent year over year, while earnings per share fell to EUR 5.77 from EUR 6.91.

Hannover Rück's investor-relations page sets a 2026 consolidated net income goal of at least EUR 2.7 billion, subject to large-loss and capital-market assumptions. The company is scheduled to publish its next quarterly or interim report on November 9, 2026, according to Hannover Rück.

Stock remains below its yearly high

The EUR 262.90 Lang & Schwarz price was 6.51 percent below the EUR 281.20 52-week high and 17.70 percent above the EUR 223.40 52-week low on October 8, 2026. The current market capitalization was EUR 31.7 billion on the same date.

For investors, the key tension is visible in the numbers: revenue grew 3.49 percent year over year, but quarterly earnings per share declined by EUR 1.14. The reduced Jefferies target and the upcoming November report make profitability and the delivery of the EUR 2.7 billion annual goal the next measurable reference points.

Trading reference for Hannover Rück

Hannover Rück stock was trading at EUR 262.90 at Lang & Schwarz on October 8, 2026 at 11:29 a.m. CEST, up 0.57 percent versus the Lang & Schwarz prior close of EUR 261.40. The further course of trading is shown by the continuously updated real-time quote of Hannover Rück stock.