Lancashire Holdings Limited (LON:LRE)‘s stock had its “hold” rating reissued by Numis Securities Ltd in a research note issued to investors on Thursday, July 27th. They presently have a GBX 775 ($10.06) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 9.15% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. HSBC Holdings plc reiterated a “hold” rating and issued a GBX 680 ($8.83) price objective on shares of Lancashire Holdings Limited in a report on Tuesday, June 13th. Peel Hunt upped their price target on shares of Lancashire Holdings Limited from GBX 725 ($9.41) to GBX 760 ($9.87) and gave the company an “add” rating in a research note on Tuesday, July 25th. Shore Capital restated a “buy” rating on shares of Lancashire Holdings Limited in a research note on Thursday, July 27th. Stockdale Securities restated a “neutral” rating on shares of Lancashire Holdings Limited in a research note on Thursday, April 27th. Finally, Credit Suisse Group assumed coverage on shares of Lancashire Holdings Limited in a research note on Tuesday, July 18th. They issued an “underperform” rating and a GBX 610 ($7.92) price target on the stock. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 650.85 ($8.45).
Lancashire Holdings Limited (LON LRE) traded down 0.42% during mid-day trading on Thursday, reaching GBX 707.00. 106,109 shares of the company’s stock traded hands. Lancashire Holdings Limited has a 1-year low of GBX 598.00 and a 1-year high of GBX 775.00. The firm’s market cap is GBX 1.41 billion. The firm has a 50 day moving average of GBX 721.72 and a 200 day moving average of GBX 696.66.
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About Lancashire Holdings Limited
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.
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