Brokerages Set Lancashire Holdings Limited (LON:LRE) Target Price at GBX 681.50

Shares of Lancashire Holdings Limited (LON:LRE) have been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 681.50.

A number of research analysts have weighed in on the company. Peel Hunt restated a “hold” rating and issued a GBX 645 price objective on shares of Lancashire in a report on Wednesday, November 5th. Citigroup increased their target price on shares of Lancashire from GBX 696 to GBX 725 and gave the company a “buy” rating in a research report on Thursday, November 6th. The Goldman Sachs Group lowered their price target on shares of Lancashire from GBX 763 to GBX 658 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Jefferies Financial Group dropped their price objective on shares of Lancashire from GBX 820 to GBX 736 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Finally, Royal Bank Of Canada increased their price objective on shares of Lancashire from GBX 600 to GBX 625 and gave the company an “underperform” rating in a report on Thursday, November 6th.

Insider Buying and Selling

In related news, insider Philip Broadley acquired 5,580 shares of Lancashire stock in a transaction that occurred on Friday, December 12th. The shares were purchased at an average price of GBX 594 per share, for a total transaction of £33,145.20. Also, insider Bob Cox acquired 2,000 shares of the stock in a transaction on Friday, November 14th. The shares were bought at an average cost of GBX 582 per share, for a total transaction of £11,640. Company insiders own 4.61% of the company’s stock.

Lancashire Stock Performance

LON LRE opened at GBX 616 on Monday. The company has a debt-to-equity ratio of 31.26, a current ratio of 33.62 and a quick ratio of 1.18. The stock’s 50 day simple moving average is GBX 606.77 and its 200-day simple moving average is GBX 624.48. The company has a market cap of £1.49 billion, a PE ratio of 6.70, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. Lancashire has a 1-year low of GBX 505 and a 1-year high of GBX 700.

Lancashire Company Profile

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.