Catlin Group Ltd Price Target Increased to GBX 635 by Analysts at Citigroup Inc. (CGL)
Research analysts at Citigroup Inc. raised their price objective on shares of Catlin Group Ltd (LON:CGL) from GBX 569 ($9.38) to GBX 635 ($10.46) in a report released on Monday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price target points to a potential upside of 16.62% from the company’s current price.
A number of other firms have also recently commented on CGL. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Ltd in a research note to investors on Tuesday, January 7th. Finally, analysts at Deutsche Bank downgraded shares of Catlin Group Ltd to a “hold” rating in a research note to investors on Monday, December 16th. They now have a GBX 584 ($9.62) price target on the stock, up previously from GBX 575 ($9.48). Four research analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 549.08 ($9.05).
Shares of Catlin Group Ltd (LON:CGL) opened at 544.50 on Monday. Catlin Group Ltd has a 52-week low of GBX 449.30 and a 52-week high of GBX 597.00. The stock has a 50-day moving average of GBX 553.9 and a 200-day moving average of GBX 512.8. The company’s market cap is £1.943 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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