Lancashire Holdings Ltd’s Add Rating Reaffirmed at Westhouse Securities (LRE)
Lancashire Holdings Ltd (LON:LRE)‘s stock had its “add” rating restated by equities researchers at Westhouse Securities in a research report issued on Tuesday, American Banking and Market News reports.
A number of other firms have also recently commented on LRE. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Lancashire Holdings Ltd in a research note to investors on Monday, September 30th. They now have a GBX 850 ($13.64) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Lancashire Holdings Ltd in a research note to investors on Friday, September 27th. They now have a GBX 780 ($12.51) price target on the stock. Finally, analysts at Berenberg Bank cut their price target on shares of Lancashire Holdings Ltd from GBX 817 ($13.11) to GBX 747 ($11.98) in a research note to investors on Friday, September 27th. They now have a “hold” rating on the stock. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,025.61 ($16.45).
Shares of Lancashire Holdings Ltd (LON:LRE) opened at 755.50 on Tuesday. Lancashire Holdings Ltd has a one year low of GBX 711.00 and a one year high of GBX 933.00. The stock’s 50-day moving average is GBX 755.1 and its 200-day moving average is GBX 799.6. The company’s market cap is £1.249 billion.
Lancashire Holdings Limited (LON:LRE), along with its subsidiaries is engaged in the provision of global specialty insurance and reinsurance products.
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