Harel Group traded at 18,430.00 this Monday May 18th, decreasing 570.00 or 3.00 percent since the previous trading session. Looking back, over the last four weeks, Harel lost 3.42 percent. Over the last 12 months, its price rose by 185.91 percent. Looking ahead, we forecast Harel Group to be priced at 18,441.40 by the end of this quarter and at 16,862.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
Harel Insurance Investments and Financial Services Ltd (Harel) is an Israel-based investment company mainly active in the insurance sector. The Company through its subsidiaries offers health insurance, life insurance, long term savings, dental insurance, travel insurance, personal accident insurance, tourist and foreign worker insurance, car insurance, home and business insurance, insurance for unaccountable risks and assets insurance. Harel works with large reinsurance companies, such as Lloyd’s, as well as serving as a global partner for overseas insurance companies, including Ace, Alliance, Chubb, AXA, and Royal & Sun Alliance. In addition, the Company operates real estate in Germany, the United Kingdom and Israel. On August 2, 2011, the Company acquired Prisma Currencies Ltd. through its fully owned subsidiary, Harel Financial products Ltd.