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

Shares of Lancashire Holdings Limited (LON:LREGet Free Report) have been assigned an average rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 664.33.

A number of research firms have commented on LRE. Berenberg Bank reissued a “hold” rating and issued a GBX 700 target price on shares of Lancashire in a report on Thursday, July 30th. Royal Bank Of Canada lowered their price target 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. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 698 price target on shares of Lancashire in a report on Wednesday, July 29th.

Read Our Latest Research Report on LRE

Lancashire Price Performance

Lancashire stock opened at GBX 593 on Friday. Lancashire has a 1-year low of GBX 549 and a 1-year high of GBX 700. The company has a market cap of £1.44 billion, a PE ratio of 4.60, a price-to-earnings-growth ratio of 0.21 and a beta of 0.46. The stock’s 50 day moving average price is GBX 629.47 and its 200 day moving average price is GBX 619.67.

Lancashire Company Profile

(Get Free Report)

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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Analyst Recommendations for Lancashire (LON:LRE)

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