Lancashire Holdings Limited (LON:LRE) Receives GBX 670.17 Average Price Target from Analysts

Lancashire Holdings Limited (LON:LRE) has received a consensus rating of “Hold” from the seven research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 670.17.

A number of analysts have issued reports on the company. Jefferies Financial Group lowered their target price on Lancashire from GBX 736 to GBX 668 and set a “buy” rating on the stock in a report on Tuesday, March 10th. The Goldman Sachs Group reduced their price objective on Lancashire from GBX 763 to GBX 658 and set a “buy” rating for the company in a research report on Wednesday, January 21st.

Lancashire Stock Performance

LON LRE opened at GBX 568 on Tuesday. Lancashire has a twelve month low of GBX 505 and a twelve month high of GBX 700. The stock has a market capitalization of £1.37 billion, a PE ratio of 6.17, a P/E/G ratio of 0.21 and a beta of 0.40. The stock has a 50-day simple moving average of GBX 628.33 and a 200 day simple moving average of GBX 628.38.

About Lancashire

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. The company also provides Marine Builders Risk, marine hull, total loss and war, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks; and energy insurance products covering upstream operational, downstream and onshore operational, and upstream construction all risks business.