A number of other equities research analysts have also weighed in on the company. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 565 ($7.38) price objective on shares of Lancashire Holdings Limited in a research report on Thursday, July 28th. Peel Hunt lifted their price objective on Lancashire Holdings Limited from GBX 585 ($7.64) to GBX 590 ($7.70) and gave the stock a hold rating in a research report on Tuesday, August 2nd. HSBC lifted their price objective on Lancashire Holdings Limited from GBX 680 ($8.88) to GBX 730 ($9.53) and gave the stock a buy rating in a research report on Wednesday, June 29th. Royal Bank Of Canada upgraded Lancashire Holdings Limited to a sector performer rating and raised their target price for the company from GBX 500 ($6.53) to GBX 625 ($8.16) in a research note on Thursday, September 1st. Finally, Barclays PLC restated an underweight rating on shares of Lancashire Holdings Limited in a research note on Monday, August 1st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 645.71 ($8.43).
Shares of Lancashire Holdings Limited (LON:LRE) traded down 1.00% during midday trading on Wednesday, reaching GBX 695.00. The company had a trading volume of 141,944 shares. Lancashire Holdings Limited has a one year low of GBX 467.00 and a one year high of GBX 772.90. The company’s market capitalization is GBX 1.38 billion. The company has a 50-day moving average price of GBX 657.24 and a 200 day moving average price of GBX 591.49.
In related news, insider Maloney ,Alex sold 60,614 shares of Lancashire Holdings Limited stock in a transaction on Tuesday, September 13th. The stock was sold at an average price of GBX 650 ($8.48), for a total value of £393,991 ($514,281.43).
Lancashire Holdings Limited Company Profile
Lancashire Holdings Limited is a United Kingdom-based company, which is engaged in the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Lloyd’s, Property, Energy, Marine and Aviation. The Company operates as a specialty insurer/reinsurer operating across three platforms: Lancashire, Cathedral and Kinesis.
Receive News & Ratings for Lancashire Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.