Hannover Rueck SE Registered Shares
HNR1: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€511.00 | Yscc | Gfgcgxdp |
Hannover Re Earnings: Good Start to the Year
Hannover Re has reported a good start to the year, reporting net income of EUR 484 million over the first quarter. At the moment, that places the business well in terms of its full-year EUR 1.7 billion net income target. However, there is a lot further to travel this year. We maintain our fair value estimate of EUR 180 per share and our rating of a narrow economic moat.