Nomura Gives Neutral Rating to Lancashire Holdings Ltd (LRE)
Lancashire Holdings Ltd (LON: LRE)‘s stock had its “neutral” rating reaffirmed by research analysts at Nomura in a report released on Thursday. They currently have a $13.32 (826 GBX) target price on the stock.
Lancashire Holdings Ltd opened at 794.50 on Thursday. Lancashire Holdings Ltd has a 1-year low of GBX 672.50 and a 1-year high of GBX 881.0001. The stock’s 50-day moving average is currently GBX 813.3. The company’s market cap is £1.278 billion.
A number of other firms have also recently commented on LRE. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Lancashire Holdings Ltd in a research note to investors on Tuesday, December 11th. They now have a $12.78 price target on the stock. Separately, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Lancashire Holdings Ltd in a research note to investors on Wednesday, November 28th. They now have a $13.78 price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of Lancashire Holdings Ltd in a research note to investors on Monday, November 12th. They now have a $15.90 price target on the stock.
Lancashire Holdings Limited (LHL), along with its subsidiaries is engaged in the provision of global specialty insurance and reinsurance products.
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