Lancashire Holdings Limited (LON:LRE) Receives GBX 675.17 Average Price Target from Brokerages

Lancashire Holdings Limited (LON:LRE) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 675.17.

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

Lancashire Price Performance

Lancashire stock opened at GBX 650.50 on Thursday. The stock has a market cap of £1.58 billion, a price-to-earnings ratio of 5.56, a PEG ratio of 0.21 and a beta of 0.47. 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 business has a 50-day simple moving average of GBX 614.57 and a 200 day simple moving average of GBX 617.52. Lancashire has a 52 week low of GBX 549 and a 52 week high of GBX 700.

Insider Transactions at Lancashire

In related news, insider Philip Broadley bought 4,225 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average cost of GBX 566 per share, for a total transaction of £23,913.50. 5.32% of the stock is currently owned by insiders.

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.