Hannover Rück stock sits 0.74 percent below its 52-week high

Published on 10/27/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC raised its target to EUR 280.00 on October 20, 2026. Hannover Rück stock costs EUR 281.10, 0.11 percent above EUR 280.80.

Target revision and reporting dates

RBC raised its Hannover Rück target to EUR 280.00 on October 20, 2026.
Hannover Re reported EUR 710.6 million in net income for the first quarter of 2026.
Hannover Rück stock trades at EUR 281.10 at 9:38 a.m. CET at Lang & Schwarz on October 27, 2026, 0.11 percent above the Xetra close of October 26, 2026.
The next quarterly statement is scheduled for November 9, 2026.

Hannover Rück, DE0008402215, Illustration mit AI erstellt.

Hannover Rück stock was trading at EUR 281.10 at Lang & Schwarz on October 27, 2026, at 9:38 a.m. CET, 0.11 percent above the Xetra close of October 26, 2026 at EUR 280.80. The stock is also 0.74 percent below its 52-week high of EUR 283.20. The latest market context is the October 20 target increase by RBC, which kept its Sector Perform rating while lifting the target from EUR 270.00 to EUR 280.00, as MarketScreener reported.

Three dates frame the stock

The recent sequence is clear. On May 11, 2026, Hannover Re reported first-quarter net income of EUR 710.6 million, up 47.9 percent from EUR 480.5 million, according to Hannover Re. On August 12, 2026, first-half net income was reported at EUR 1.4 billion, while the property and casualty combined ratio improved to 83.2 percent from 88.4 percent, according to PolicyRix. The current event in this chronology is RBC's October 20 target move from EUR 270.00 to EUR 280.00.

What does the target change mean?

RBC's new target is 0.39 percent below the Lang & Schwarz price, using EUR 280.00 and EUR 281.10. Its unchanged Sector Perform rating reflects a balance between higher earnings forecasts and pressure on property and casualty reinsurance pricing from competition and excess capacity. That tension matters because Hannover Re's full-year 2026 guidance calls for group net income of at least EUR 2.7 billion, with the assumption that major-loss expenses do not materially exceed EUR 2.3 billion, according to Hannover Re.

Next reporting dates

The next substantiated dates are November 9, 2026, for the quarterly statement covering September 30, 2026, and February 4, 2027, for the 2027 renewals. Both dates appear in Hannover Re's investor calendar. For investors, the November statement should test whether the earnings path remains consistent with the EUR 2.7 billion annual target while pricing conditions stay competitive.

Stock remains near its yearly high

Hannover Rück's market capitalization was EUR 33.9 billion as of October 27, 2026, and its 52-week range was EUR 223.40 to EUR 283.20. The narrow gap to the yearly high leaves the RBC target as a valuation reference rather than an immediate directional signal. Hannover Rück stock was trading at EUR 281.10 at Lang & Schwarz on October 27, 2026, at 9:38 a.m. CET, 0.11 percent above the Xetra close of October 26, 2026 at EUR 280.80. The further course of trading is shown by the continuously updated real-time quote of Hannover Rück stock.