Lancashire Holdings Limited’s (LRE) Buy Rating Reaffirmed at Shore Capital
Lancashire Holdings Limited (LON:LRE)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a research report issued on Monday.
LRE has been the subject of several other reports. Peel Hunt restated an “add” rating and set a GBX 760 ($10.08) target price on shares of Lancashire Holdings Limited in a research report on Thursday, September 7th. Morgan Stanley started coverage on Lancashire Holdings Limited in a report on Tuesday, July 25th. They issued an “equal weight” rating and a GBX 630 ($8.36) price objective for the company. J P Morgan Chase & Co reiterated an “underweight” rating and issued a GBX 625 ($8.29) price objective on shares of Lancashire Holdings Limited in a report on Tuesday, September 12th. Barclays PLC reiterated an “underweight” rating and issued a GBX 631 ($8.37) price objective on shares of Lancashire Holdings Limited in a report on Tuesday, September 19th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 775 ($10.28) price objective on shares of Lancashire Holdings Limited in a report on Thursday, July 27th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 639.67 ($8.48).
Shares of Lancashire Holdings Limited (LRE) opened at 667.50 on Monday. The company has a 50-day moving average price of GBX 663.99 and a 200 day moving average price of GBX 688.65. Lancashire Holdings Limited has a 1-year low of GBX 608.00 and a 1-year high of GBX 775.00. The firm’s market capitalization is GBX 1.33 billion.
Lancashire Holdings Limited Company Profile
Lancashire Holdings Limited is a holding company. The Company’s principal activity, through its subsidiaries, is the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Property, Energy, Marine, Aviation and Lloyd’s. It underwrites worldwide, insurance and reinsurance contracts that transfer insurance risk, including risks exposed to both natural and man-made catastrophes.
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