Lancashire Holdings Limited (LON:LRE) Given Average Recommendation of “Hold” by Brokerages

Lancashire Holdings Limited (LON:LRE) has received a consensus rating of “Hold” from the six analysts that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 675.17.

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 698 target price on shares of Lancashire in a research report on Thursday, April 30th.

Insider Activity

In other Lancashire news, insider Philip Broadley purchased 4,225 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average cost of GBX 566 per share, with a total value of £23,913.50. 5.32% of the stock is currently owned by corporate insiders.

Lancashire Stock Down 0.7%

Lancashire stock opened at GBX 649.50 on Monday. Lancashire has a fifty-two week low of GBX 549 and a fifty-two week high of GBX 700. The company has a debt-to-equity ratio of 31.62, a quick ratio of 1.18 and a current ratio of 711.51. The firm’s 50-day simple moving average is GBX 629.36 and its 200 day simple moving average is GBX 619.64. The stock has a market cap of £1.58 billion, a PE ratio of 5.55, a price-to-earnings-growth ratio of 0.21 and a beta of 0.46.

About Lancashire

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products. The company also provides Marine Builders Risk, marine hull, total loss and war, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks; and energy insurance products covering upstream operational, downstream and onshore operational, and upstream construction all risks business.