Catlin Group Ltd’s “Buy” Rating Reaffirmed at Citigroup Inc. (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc. in a research note issued to investors on Friday, AR Network reports. They currently have a GBX 569 ($9.21) target price on the stock. Citigroup Inc.’s target price indicates a potential upside of 11.13% from the stock’s previous close.
A number of other analysts have also recently weighed in on CGL. Analysts at Westhouse Securities reiterated an “add” rating on shares of Catlin Group Ltd in a research note to investors on Friday. They now have a GBX 575 ($9.30) price target on the stock. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 541.71 ($8.76).
Catlin Group Ltd (LON:CGL) opened at 511.00 on Friday. Catlin Group Ltd has a 52-week low of GBX 449.30 and a 52-week high of GBX 597.00. The stock’s 50-day moving average is GBX 492.1 and its 200-day moving average is GBX 500.1. The company’s market cap is £1.823 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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