Barclays Capital Reaffirms Overweight Rating on Catlin Group Ltd (CGL)
Catlin Group Ltd (LON: CGL)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays Capital in a report released on Monday. They currently have a $10.00 (620 GBX) target price on the stock.
Shares of Catlin Group Ltd opened at 510.50 on Monday. Catlin Group Ltd has a 52 week low of GBX 396.50 and a 52 week high of GBX 522.86. The stock’s 50-day moving average is currently GBX 478.5. The company’s market cap is £1.787 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of Catlin Group Ltd in a research note to investors on Thursday, January 3rd. They now have a $9.34 price target on the stock. Finally, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Catlin Group Ltd in a research note to investors on Monday, November 12th. They now have a $8.59 price target on the stock.
Catlin Group Limited (Catlin) is a holding company. Catlin is an international specialty property/casualty insurer and reinsurer.
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