Lancashire Holdings Ltd Given “Overweight” Rating at Barclays (LRE)
Lancashire Holdings Ltd (LON:LRE)‘s stock had its “overweight” rating reiterated by research analysts at Barclays in a report released on Tuesday, Analyst Ratings Network reports. They currently have a GBX 1,800 ($29.43) price target on the stock. Barclays’ target price suggests a potential upside of 136.22% from the company’s current price.
Lancashire Holdings Ltd (LON:LRE) opened at 758.50 on Tuesday. Lancashire Holdings Ltd has a 52 week low of GBX 711.00 and a 52 week high of GBX 933.00. The stock’s 50-day moving average is GBX 796.8 and its 200-day moving average is GBX 778.. The company’s market cap is £1.284 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Lancashire Holdings Ltd in a research note to investors on Tuesday, December 3rd. They now have a GBX 786 ($12.85) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Lancashire Holdings Ltd in a research note to investors on Thursday, November 21st. Finally, analysts at Numis Securities Ltd upgraded shares of Lancashire Holdings Ltd to an “add” rating in a research note to investors on Monday, November 18th. They now have a GBX 935 ($15.29) price target on the stock, up previously from GBX 865 ($14.14). One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,009.83 ($16.51).
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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