Peel Hunt restated their hold rating on shares of Lancashire Holdings Limited (LON:LRE) in a research report report published on Monday morning. Peel Hunt currently has a GBX 590 ($7.70) price objective on the stock.
Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Lancashire Holdings Limited from GBX 265 ($3.46) to GBX 545 ($7.11) and gave the stock a neutral rating in a report on Friday, July 29th. Numis Securities Ltd downgraded shares of Lancashire Holdings Limited to an add rating and upped their price objective for the stock from GBX 675 ($8.81) to GBX 720 ($9.40) in a report on Wednesday, July 27th. HSBC upped their price objective on shares of Lancashire Holdings Limited from GBX 680 ($8.88) to GBX 730 ($9.53) and gave the stock a buy rating in a report on Wednesday, June 29th. Shore Capital restated a buy rating on shares of Lancashire Holdings Limited in a report on Wednesday, July 27th. Finally, Citigroup Inc. reiterated a buy rating and issued a GBX 695 ($9.07) target price on shares of Lancashire Holdings Limited in a research note on Tuesday, September 13th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. Lancashire Holdings Limited presently has a consensus rating of Hold and a consensus target price of GBX 645.71 ($8.43).
Shares of Lancashire Holdings Limited (LON:LRE) traded up 2.02% on Monday, hitting GBX 707.50. The company had a trading volume of 366,303 shares. The company has a 50 day moving average of GBX 652.92 and a 200-day moving average of GBX 589.75. Lancashire Holdings Limited has a 12-month low of GBX 467.00 and a 12-month high of GBX 772.90. The company’s market cap is GBX 1.41 billion.
In other Lancashire Holdings Limited news, insider Maloney ,Alex sold 60,614 shares of the stock in a transaction dated Tuesday, September 13th. The shares were sold at an average price of GBX 650 ($8.48), for a total transaction of £393,991 ($514,281.43).
Lancashire Holdings Limited Company Profile
Lancashire Holdings Limited is a United Kingdom-based company, which is engaged in the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Lloyd’s, Property, Energy, Marine and Aviation. The Company operates as a specialty insurer/reinsurer operating across three platforms: Lancashire, Cathedral and Kinesis.
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