NEW YORK (dpa-AFX Broker) - Canadian bank RBC has raised its target price for Hannover Re from EUR 245 to EUR 283 and left its rating at "Outperform". The significant build-up of the capital buffer while achieving a return on equity (ROE) of 19 percent should help the reinsurer to remain the ROE industry leader, analyst Derald Goh wrote in a study published on Monday. There is also scope for a further dividend increase, he added./mis

Publication of the original study: 18.03.2024 / 17:00 / EDT

First release of the original study: 18.03.2024 / 17:00 / EDT

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