Lancashire Holdings Ltd Given New GBX 747 Price Target at Berenberg Bank (LRE)
Berenberg Bank decreased their target price on shares of Lancashire Holdings Ltd (LON:LRE) from GBX 817 ($13.09) to GBX 747 ($11.97) in a research note issued on Friday, AnalystRatings.Net reports. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price objective would suggest a potential downside of 3.18% from the stock’s previous close.
LRE has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of Lancashire Holdings Ltd (LON:LRE) in a research note to investors on Thursday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Lancashire Holdings Ltd (LON:LRE) in a research note to investors on Friday, September 13th. They now have a GBX 850 ($13.62) price target on the stock. Nine research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Lancashire Holdings Ltd presently has a consensus rating of “Hold” and a consensus price target of GBX 1,025.61 ($16.43).
Shares of Lancashire Holdings Ltd (LON:LRE) traded down 0.13% during mid-day trading on Friday, hitting GBX 771.50. 166,924 shares of the company’s stock traded hands. Lancashire Holdings Ltd has a 52-week low of GBX 711.00 and a 52-week high of GBX 933.00. The stock has a 50-day moving average of GBX 755.1 and a 200-day moving average of GBX 799.6. The company’s market cap is £1.275 billion.
Lancashire Holdings Limited (LON:LRE), along with its subsidiaries is engaged in the provision of global specialty insurance and reinsurance products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.