HSBC reiterated their hold rating on shares of Lancashire Holdings Limited (LON:LRE) in a research report released on Friday.

Several other research firms have also weighed in on LRE. Barclays PLC reaffirmed an underweight rating on shares of Lancashire Holdings Limited in a research note on Monday, August 1st. Shore Capital reaffirmed a buy rating on shares of Lancashire Holdings Limited in a research note on Wednesday, October 5th. JPMorgan Chase & Co. raised their price objective on Lancashire Holdings Limited from GBX 545 ($6.81) to GBX 595 ($7.43) and gave the company a neutral rating in a research note on Wednesday, November 2nd. Stockdale Securities lowered Lancashire Holdings Limited to a neutral rating and set a GBX 670 ($8.37) price objective on the stock. in a research note on Wednesday, September 14th. Finally, Peel Hunt reiterated a hold rating and issued a GBX 590 ($7.37) target price on shares of Lancashire Holdings Limited in a research report on Monday, October 3rd. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. Lancashire Holdings Limited presently has a consensus rating of Hold and a consensus price target of GBX 650.08 ($8.12).

Shares of Lancashire Holdings Limited (LON:LRE) traded down 0.70% during trading on Friday, hitting GBX 635.50. The company had a trading volume of 150,792 shares. The stock has a 50-day moving average of GBX 706.65 and a 200 day moving average of GBX 627.16. Lancashire Holdings Limited has a 12-month low of GBX 467.00 and a 12-month high of GBX 775.00. The stock’s market capitalization is GBX 1.26 billion.

The business also recently announced a dividend, which will be paid on Wednesday, December 14th. Investors of record on Thursday, November 17th will be given a dividend of GBX 0.75 ($0.01) per share. The ex-dividend date of this dividend is Thursday, November 17th. This represents a dividend yield of 7.94%.

In related news, insider Maloney ,Alex sold 60,614 shares of Lancashire Holdings Limited stock in a transaction that occurred on Tuesday, September 13th. The stock was sold at an average price of GBX 650 ($8.12), for a total transaction of £393,991 ($492,242.63).

About Lancashire Holdings Limited

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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