Lancashire Holdings Limited (LON:LRE) has earned an average recommendation of “Hold” from the sixteen analysts that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 696.17 ($9.32).

A number of brokerages have issued reports on LRE. J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 625 ($8.37) price target on shares of Lancashire in a research report on Tuesday, October 10th. Peel Hunt reiterated an “add” rating and set a GBX 690 ($9.24) price target on shares of Lancashire in a research report on Monday, October 9th. Numis Securities reiterated a “hold” rating and set a GBX 775 ($10.38) price target on shares of Lancashire in a research report on Thursday, November 2nd. Finally, Barclays reiterated an “underweight” rating and set a GBX 631 ($8.45) price target on shares of Lancashire in a research report on Tuesday, September 19th.

In related news, insider Peter Clarke acquired 30,000 shares of Lancashire stock in a transaction that occurred on Thursday, November 2nd. The shares were purchased at an average price of GBX 746 ($9.99) per share, for a total transaction of £223,800 ($299,718.76).

Shares of Lancashire (LRE) traded down GBX 1 ($0.01) during mid-day trading on Friday, reaching GBX 702 ($9.40). The company’s stock had a trading volume of 387,158 shares, compared to its average volume of 721,443. Lancashire has a 52 week low of GBX 608 ($8.14) and a 52 week high of GBX 773.50 ($10.36).

TRADEMARK VIOLATION NOTICE: “Brokerages Set Lancashire Holdings Limited (LRE) PT at $692.62” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/11/29/brokerages-set-lancashire-holdings-limited-lre-pt-at-692-62.html.

About Lancashire

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.

Analyst Recommendations for Lancashire (LON:LRE)

Receive News & Stock Ratings for Lancashire Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire Holdings Limited and related stocks with our FREE daily email newsletter.