Lancashire Holdings Limited (LON:LRE)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a note issued to investors on Monday, October 9th, Marketbeat.com reports.
A number of other research firms have also issued reports on LRE. Credit Suisse Group began coverage on Lancashire Holdings Limited in a research note on Tuesday, July 18th. They issued an “underperform” rating and a GBX 610 ($8.11) target price on the stock. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 775 ($10.30) target price on shares of Lancashire Holdings Limited in a research note on Thursday, July 27th. Peel Hunt reaffirmed an “add” rating and issued a GBX 725 ($9.63) target price on shares of Lancashire Holdings Limited in a research note on Monday, July 17th. J P Morgan Chase & Co upped their target price on Lancashire Holdings Limited from GBX 595 ($7.91) to GBX 625 ($8.30) and gave the company an “underweight” rating in a research note on Tuesday, August 1st. Finally, Morgan Stanley began coverage on Lancashire Holdings Limited in a research note on Tuesday, July 25th. They issued an “equal weight” rating and a GBX 630 ($8.37) target price on the stock. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 639.67 ($8.50).
Shares of Lancashire Holdings Limited (LON:LRE) opened at 667.00 on Monday. The company has a 50-day moving average price of GBX 657.82 and a 200 day moving average price of GBX 687.72. The company’s market capitalization is GBX 1.33 billion. Lancashire Holdings Limited has a 12-month low of GBX 608.00 and a 12-month high of GBX 775.00.
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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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