RBC raises target for Hannover Rück stock from EUR 270 to EUR 280
Published on 10/22/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets guidance and trading
- RBC lifted its Hannover Rück target to EUR 280 on October 20, 2026.
- Hannover Rück guides for at least EUR 2.7 billion in 2026 net income.
- Hannover Rück stock trades at EUR 279.70 at 11:49 a.m. CEST at Lang & Schwarz on October 22, 2026, 0.76 percent above the Xetra close of October 21, 2026.
Hannover Rück (ISIN DE0008402215) is trading at EUR 279.70 at Lang & Schwarz on October 22, 2026, at 11:49 a.m. CEST, 0.76 percent above the Xetra close of October 21, 2026 at EUR 277.60. MarketScreener reported on October 20, 2026 that RBC raised its target from EUR 270 to EUR 280 while keeping a Sector Perform rating.
RBC sees limited target upside
The revised target is only 0.11 percent above the Lang & Schwarz price. RBC analyst Ben Cohen cited pressure on property and casualty reinsurance pricing through 2027, while higher investment income could offset some of that effect, according to MarketScreener.
The broader company framework remains profitable. Hannover Rück's investor-relations page sets a 2026 net income target of at least EUR 2.7 billion, subject to large-loss and capital-market assumptions, according to Hannover Rück.
Three dates shape the story
On August 12, 2026, Hannover Rück reported second-quarter revenue of EUR 7.16 billion and earnings per share of EUR 5.77, compared with EUR 6.92 billion and EUR 6.91 in the prior-year quarter, according to finanzen.net. On October 5, 2026, the company announced a November 9, 2026 interim statement. On October 20, 2026, RBC raised its target to EUR 280 from EUR 270.
What does the next date mean?
The November 9, 2026 interim statement will provide the next company-specific test of the EUR 2.7 billion annual profit target. Hannover Rück's investor calendar also lists February 4, 2027 for 2027 renewals, giving investors a second dated point for assessing pricing conditions.
Range leaves little headroom
The stock's 52-week range is EUR 223.40 to EUR 281.20 as of October 22, 2026, putting the current quote EUR 1.50 below the high. Market capitalization is EUR 33.7 billion, while the DAX remains the relevant home-market index for the Xetra listing.
Hannover Rück stock was trading at EUR 279.70 at Lang & Schwarz on October 22, 2026, at 11:49 a.m. CEST, 0.76 percent above the Xetra close of October 21, 2026 at EUR 277.60. The further course of trading is shown by the continuously updated real-time quote of Hannover Rück stock.
Hannover Rück stock facts
- Company: Hannover Rück SE
- ISIN: DE0008402215
- WKN: 840221
- Ticker: HNR1
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 22, 2026, 11:49 a.m. CEST): EUR 279.70
- Change versus Xetra close: plus 0.76 percent
- Xetra close (October 21, 2026): EUR 277.60
- Market capitalization: EUR 33.7 billion (as of October 22, 2026)
- 52-week range: EUR 223.40-EUR 281.20 (as of October 22, 2026)
- Sector / Industry: Financials / Reinsurance
- Index membership: DAX
- Next earnings date: November 9, 2026
Market context: Market report DAX.
