Lancashire Holdings Limited (LON:LRE)‘s stock had its “add” rating reiterated by Peel Hunt in a research note issued on Monday. They currently have a GBX 690 ($9.07) target price on the stock. Peel Hunt’s target price points to a potential upside of 3.29% from the stock’s current price.
A number of other equities analysts have also weighed in on the company. Shore Capital restated a “buy” rating on shares of Lancashire Holdings Limited in a research note on Monday. J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 625 ($8.22) price objective on shares of Lancashire Holdings Limited in a research report on Wednesday, September 27th. Barclays PLC reiterated an “underweight” rating and set a GBX 631 ($8.30) price objective on shares of Lancashire Holdings Limited in a research report on Tuesday, September 19th. Numis Securities Ltd reiterated a “hold” rating and set a GBX 775 ($10.19) price objective on shares of Lancashire Holdings Limited in a research report on Thursday, July 27th. Finally, Morgan Stanley assumed coverage on Lancashire Holdings Limited in a research report on Tuesday, July 25th. They set an “equal weight” rating and a GBX 630 ($8.28) price objective on the stock. Five investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 639.67 ($8.41).
Lancashire Holdings Limited (LRE) opened at 668.00 on Monday. The firm has a 50-day moving average price of GBX 660.94 and a 200-day moving average price of GBX 687.97. The company’s market cap is GBX 1.34 billion. Lancashire Holdings Limited has a 52-week low of GBX 608.00 and a 52-week high of GBX 775.00.
About Lancashire Holdings Limited
Lancashire Holdings Limited is a holding company. The Company’s principal activity, through its subsidiaries, is the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Property, Energy, Marine, Aviation and Lloyd’s. It underwrites worldwide, insurance and reinsurance contracts that transfer insurance risk, including risks exposed to both natural and man-made catastrophes.
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