Lancashire Holdings Limited (LON:LRE) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Lancashire Holdings Limited (LON:LRE) have earned a consensus recommendation of “Hold” from the six brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 675.17.

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 698 target price on shares of Lancashire in a research report on Thursday, April 30th.

Lancashire Trading Down 0.5%

LRE stock opened at GBX 649.50 on Monday. Lancashire has a 12-month low of GBX 549 and a 12-month high of GBX 700. The business’s 50-day moving average is GBX 634.30 and its 200 day moving average is GBX 620.07. The company has a current ratio of 711.51, a quick ratio of 1.18 and a debt-to-equity ratio of 31.62. The stock has a market cap of £1.58 billion, a price-to-earnings ratio of 5.55, a PEG ratio of 0.21 and a beta of 0.46.

Insider Buying and Selling

In other news, insider Philip Broadley acquired 4,225 shares of Lancashire stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of GBX 566 per share, with a total value of £23,913.50. Corporate insiders own 5.32% of the company’s stock.

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. 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.