Insider Buying: Lancashire (LON:LRE) Insider Buys £33,145.20 in Stock

Lancashire Holdings Limited (LON:LRE) insider Philip Broadley bought 5,580 shares of Lancashire stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average cost of GBX 594 per share, for a total transaction of £33,145.20.

Philip Broadley also recently made the following trade(s):

• On Thursday, September 18th, Philip Broadley purchased 4,700 shares of Lancashire stock. The shares were bought at an average cost of GBX 637 per share, with a total value of £29,939.

Lancashire Stock Up 0.7%

Shares of LON:LRE opened at GBX 618 on Thursday. The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. The company has a market capitalization of £1.50 billion, a P/E ratio of 6.72, a P/E/G ratio of 0.21 and a beta of 0.62. Lancashire Holdings Limited has a 52-week low of GBX 505 and a 52-week high of GBX 700. The stock’s fifty day simple moving average is GBX 622.97 and its 200-day simple moving average is GBX 616.65.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Lancashire from GBX 600 to GBX 625 and gave the company an “underperform” rating in a report on Thursday, November 6th. Citigroup boosted their price objective on shares of Lancashire from GBX 696 to GBX 725 and gave the company a “buy” rating in a research report on Thursday, November 6th. Jefferies Financial Group reduced their price objective on shares of Lancashire from GBX 820 to GBX 736 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 645 target price on shares of Lancashire in a research note on Wednesday, November 5th. Finally, Berenberg Bank boosted their price target on Lancashire from GBX 670 to GBX 700 and gave the company a “hold” rating in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lancashire has a consensus rating of “Hold” and a consensus price target of GBX 686.20.

Lancashire Company Profile

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.