Lancashire Holdings Limited (LON:LRE – Get Free Report) insider Philip Broadley acquired 1,745 shares of Lancashire stock in a transaction on Tuesday, September 8th. The shares were bought at an average price of GBX 630 per share, with a total value of £10,993.50.
Lancashire Price Performance
LRE stock opened at GBX 619.50 on Wednesday. Lancashire Holdings Limited has a 52 week low of GBX 549 and a 52 week high of GBX 700. The firm has a 50-day simple moving average of GBX 622.69 and a 200-day simple moving average of GBX 616.39. The stock has a market capitalization of £1.51 billion, a P/E ratio of 4.80, a P/E/G ratio of 0.21 and a beta of 0.46.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the stock. Berenberg Bank reissued a “hold” rating and set a GBX 700 price objective on shares of Lancashire in a report on Thursday, July 30th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 698 target price on shares of Lancashire in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada lowered their price objective on shares of Lancashire from GBX 580 to GBX 560 and set an “underperform” rating on the stock in a research note on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 664.33.
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.
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