Lancashire Holdings Limited (LON:LRE) Receives Average Rating of “Hold” from Analysts

Shares of Lancashire Holdings Limited (LON:LRE) have received a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 675.17.

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

Insider Buying and Selling at Lancashire

In other Lancashire news, insider Philip Broadley acquired 4,225 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were purchased at an average price of GBX 566 per share, with a total value of £23,913.50. 5.32% of the stock is currently owned by company insiders.

Lancashire Trading Up 1.5%

LON LRE opened at GBX 646.50 on Thursday. The company has a quick ratio of 1.18, a current ratio of 711.51 and a debt-to-equity ratio of 31.62. The stock has a market capitalization of £1.57 billion, a P/E ratio of 5.53, a P/E/G ratio of 0.21 and a beta of 0.92. Lancashire has a 52-week low of GBX 549 and a 52-week high of GBX 700. The firm has a 50-day moving average price of GBX 610.80 and a 200 day moving average price of GBX 615.19.

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.