Lancashire Holdings Limited (LRE) Stock Rating Reaffirmed by J P Morgan Chase & Co

Lancashire Holdings Limited (LON:LRE)‘s stock had its “underweight” rating reiterated by J P Morgan Chase & Co in a report issued on Thursday.

Several other analysts have also recently commented on the company. Peel Hunt reaffirmed an “add” rating and issued a GBX 760 ($10.00) target price on shares of Lancashire Holdings Limited in a research report on Wednesday, September 13th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 775 ($10.19) target price on shares of Lancashire Holdings Limited in a research report on Thursday, July 27th. Shore Capital reaffirmed a “buy” rating on shares of Lancashire Holdings Limited in a research report on Thursday, July 27th. Barclays PLC reaffirmed an “underweight” rating and issued a GBX 631 ($8.30) target price on shares of Lancashire Holdings Limited in a research report on Tuesday, September 19th. Finally, Morgan Stanley initiated coverage on Lancashire Holdings Limited in a research report on Tuesday, July 25th. They issued an “equal weight” rating and a GBX 630 ($8.29) target price for the company. Four analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. Lancashire Holdings Limited currently has a consensus rating of “Hold” and a consensus target price of GBX 679.31 ($8.93).

Shares of Lancashire Holdings Limited (LON:LRE) opened at GBX 711 ($9.35) on Thursday. Lancashire Holdings Limited has a 12-month low of GBX 608 ($8.00) and a 12-month high of GBX 773.50 ($10.17).

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In other news, insider Peter Clarke acquired 30,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was acquired at an average cost of GBX 746 ($9.81) per share, for a total transaction of £223,800 ($294,357.49).

Lancashire Holdings Limited Company Profile

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.

Analyst Recommendations for Lancashire Holdings Limited (LON:LRE)

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