Lancashire Holdings Limited (LON:LRE) Given Consensus Rating of “Hold” by Brokerages

Lancashire Holdings Limited (LON:LRE) has earned a consensus rating of “Hold” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 675.17.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 698 price objective on shares of Lancashire in a research report on Thursday, April 30th.

Insider Activity

In other news, insider Philip Broadley acquired 4,225 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was acquired at an average cost of GBX 566 per share, with a total value of £23,913.50. Company insiders own 4.62% of the company’s stock.

Lancashire Stock Performance

LON:LRE opened at GBX 604.50 on Friday. The stock has a market capitalization of £1.47 billion, a P/E ratio of 5.17, a PEG ratio of 0.21 and a beta of 0.44. The company has a 50 day moving average price of GBX 599.48 and a 200 day moving average price of GBX 612. Lancashire has a fifty-two week low of GBX 549 and a fifty-two week high of GBX 700. The company has a debt-to-equity ratio of 31.62, a quick ratio of 1.18 and a current ratio of 711.51.

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.