Catlin Group Ltd Rating Reiterated by JPMorgan Chase & Co. (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Wednesday, American Banking & Market News reports. They currently have a GBX 585 ($9.15) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 22.62% from the stock’s previous close.
Shares of Catlin Group Ltd (LON:CGL) opened at 478.60 on Wednesday. Catlin Group Ltd has a 52 week low of GBX 448.90 and a 52 week high of GBX 597.00. The stock’s 50-day moving average is GBX 485.3 and its 200-day moving average is GBX 506.7. The company’s market cap is £1.708 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America Corp. reiterated an “underperform” rating on shares of Catlin Group Ltd (LON:CGL) in a research note to investors on Monday. They now have a GBX 480 ($7.50) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Catlin Group Ltd (LON:CGL) in a research note to investors on Monday. They now have a GBX 540 ($8.44) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Catlin Group Ltd (LON:CGL) in a research note to investors on Monday, September 2nd. They now have a GBX 575 ($8.99) price target on the stock.
Four analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. Catlin Group Ltd has a consensus rating of “Hold” and an average price target of GBX 541.02 ($8.46).
Catlin Group Limited (LON:CGL) is a holding company.
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