Catlin Group Ltd Rating Reiterated by Berenberg Bank (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “buy” rating restated by Berenberg Bank in a research note issued on Friday, AnalystRatings.Net reports. They currently have a GBX 544 ($8.71) price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 12.70% from the stock’s previous close.
Shares of Catlin Group Ltd (LON:CGL) traded down 0.45% on Friday, hitting GBX 482.70. The stock had a trading volume of 349,020 shares. Catlin Group Ltd has a 1-year low of GBX 448.90 and a 1-year high of GBX 597.00. The stock’s 50-day moving average is GBX 481.9 and its 200-day moving average is GBX 505.6. The company’s market cap is £1.722 billion.
A number of other firms have also recently commented on CGL. Analysts at Westhouse Securities reiterated an “add” rating on shares of Catlin Group Ltd (LON:CGL) in a research note to investors on Thursday. They now have a GBX 575 ($9.21) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Catlin Group Ltd (LON:CGL) from GBX 540 ($8.65) to GBX 550 ($8.81) in a research note to investors on Wednesday, September 18th. They now have a “neutral” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Catlin Group Ltd (LON:CGL) in a research note to investors on Friday, September 13th. Four analysts have rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. Catlin Group Ltd presently has an average rating of “Hold” and a consensus target price of GBX 539.89 ($8.65).
Catlin Group Limited (LON:CGL) is a holding company.
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