Shares of Lancashire Holdings Limited (LON:LRE) have received a consensus recommendation of “Hold” from the seventeen brokerages that are covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 689.54 ($9.35).

Several analysts have recently weighed in on LRE shares. Peel Hunt restated an “add” rating and set a GBX 690 ($9.36) target price on shares of Lancashire in a research note on Thursday, November 2nd. Stockdale Securities restated an “add” rating and set a GBX 800 ($10.85) target price on shares of Lancashire in a research note on Monday, November 6th. Shore Capital Group restated a “buy” rating on shares of Lancashire in a research note on Thursday, November 2nd. Shore Capital restated a “buy” rating on shares of Lancashire in a research note on Monday, October 9th. Finally, upgraded Lancashire to a “buy” rating and raised their target price for the company from GBX 683 ($9.26) to GBX 863 ($11.70) in a research note on Monday, November 6th.

In other Lancashire news, insider Peter Clarke bought 30,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were purchased at an average price of GBX 746 ($10.12) per share, with a total value of £223,800 ($303,498.78).

Shares of Lancashire (LON LRE) traded down GBX 4 ($0.05) during trading on Monday, hitting GBX 657 ($8.91). The stock had a trading volume of 450,648 shares, compared to its average volume of 408,244. The firm has a market capitalization of $1,310.00 and a P/E ratio of -10,950.00. Lancashire has a 12 month low of GBX 608 ($8.25) and a 12 month high of GBX 773.50 ($10.49).

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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)

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