DZ Bank keeps Buy rating for Hannover Rück stock

Published on 10/01/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hannover Rück stock costs EUR 249.50 on October 1, 2026 after EUR 251.60. The 2026 net income target is at least EUR 2.7 billion.

Drohnenaufnahme eines Hurrikans über Küstenstadt mit sichtbarem Auge der Sturmformation — Fotorealistisches Luftbild eines Hurrikans über einer Küstenstadt – ein kraftvolles Motiv für die globale Naturgefahren-Expertise der Hannover Rück SE (ISIN DE0008402215). Die Spiralform des Sturms symbolisiert das Kerngeschäft der Rückversicherung, Illustration mit AI erstellt.

DZ Bank kept its Buy rating for Hannover Rück and a fair value of EUR 314.00 on September 18, 2026, according to finanzen.at. The stock was trading at EUR 249.50 at Lang & Schwarz on October 1, 2026 at 2:05 p.m. CEST, down 0.83 percent versus the prior close of EUR 251.60. The combination puts the analyst fair value 25.86 percent above the Lang & Schwarz price.

DZ Bank points to EUR 314.00

DZ Bank analyst Thorsten Wenzel cited balance-sheet buffers and higher investment income as factors that could support earnings growth, finanzen.at reported on September 18, 2026. The published fair value of EUR 314.00 is EUR 64.50 above the Lang & Schwarz quote, a gap of 25.85 percent when measured against the stock price.

The same analysis described the valuation as historically low. That assessment gives the rating a clear numerical anchor, but the share price still sits below its recent high rather than at the analyst's fair value.

2026 target stays at EUR 2.7 billion

Hannover Rück's investor-relations page sets a 2026 group net income target of at least EUR 2.7 billion, with an expected major-claims expense level of EUR 2.3 billion, Hannover Rück states. The target is conditional on major-claims expenses and capital-market developments staying within the assumptions disclosed by the company.

The next scheduled quarterly statement, covering the period ended September 30, 2026, is listed for November 9, 2026, on the same investor-relations page. That date is the next defined checkpoint for the earnings target and the claims-cost assumption.

Stock sits below its yearly high

Hannover Rück had a market capitalization of EUR 30.1 billion as of October 1, 2026. Its 52-week range was EUR 223.40 to EUR 281.20, placing the Lang & Schwarz price 11.27 percent below the high and EUR 26.10 above the low.

EUR 249.50 in afternoon trading

Hannover Rück stock was trading at EUR 249.50 at Lang & Schwarz on October 1, 2026 at 2:05 p.m. CEST, down 0.83 percent versus the Lang & Schwarz prior close of EUR 251.60 on September 30, 2026. The further course of trading is shown by the continuously updated real-time quote of Hannover Rück stock.