Jefferies Financial Group Reaffirms Buy Rating for Lancashire (LON:LRE)

Lancashire (LON:LREGet Free Report)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a research report issued on Wednesday,Digital Look reports. They currently have a GBX 698 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 12.04% from the stock’s current price.

Lancashire Trading Down 5.6%

LON:LRE opened at GBX 623 on Wednesday. The firm has a market capitalization of £1.51 billion, a P/E ratio of 5.32, a P/E/G ratio of 0.21 and a beta of 0.46. The company has a quick ratio of 1.18, a current ratio of 711.51 and a debt-to-equity ratio of 31.62. The company has a fifty day moving average of GBX 634.79 and a 200 day moving average of GBX 620.69. Lancashire has a 52 week low of GBX 549 and a 52 week high of GBX 700.

Insider Buying and Selling at Lancashire

In other news, insider Philip Broadley bought 4,225 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average cost of GBX 566 per share, for a total transaction of £23,913.50. Corporate insiders own 5.32% of the company’s stock.

About Lancashire

(Get Free Report)

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.

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Analyst Recommendations for Lancashire (LON:LRE)

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