Catlin Group Ltd’s Buy Rating Reaffirmed at Deutsche Bank (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Friday, AnalystRatingsNetwork reports. They currently have a GBX 575 ($9.23) target price on the stock. Deutsche Bank’s price target indicates a potential upside of 18.95% from the stock’s previous close.
Shares of Catlin Group Ltd (LON:CGL) opened at 485.80 on Friday. Catlin Group Ltd has a one year low of GBX 448.90 and a one 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 £1.733 billion.
CGL has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of Catlin Group Ltd in a research note to investors on Tuesday. Separately, analysts at Bank of America Corp. reiterated an “underperform” rating on shares of Catlin Group Ltd in a research note to investors on Monday, September 30th. They now have a GBX 480 ($7.70) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Catlin Group Ltd in a research note to investors on Friday, September 27th. They now have a GBX 540 ($8.66) price target on the stock. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 537.38 ($8.62).
Catlin Group Limited (LON:CGL) is a holding company.
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