Catlin Group Ltd’s Overweight Rating Reaffirmed at HSBC (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “overweight” rating restated by research analysts at HSBC in a report released on Tuesday, Stock Ratings Network reports. They currently have a GBX 650 ($10.67) price target on the stock. HSBC’s price objective would suggest a potential upside of 19.05% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research raised their price target on shares of Catlin Group Ltd from GBX 535 ($8.78) to GBX 602 ($9.88) in a research note to investors on Thursday, January 16th. They now have a “buy” rating on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Ltd in a research note to investors on Thursday, January 16th. Finally, analysts at Credit Suisse downgraded shares of Catlin Group Ltd to an “underperform” rating in a research note to investors on Wednesday, January 15th. They now have a GBX 515 ($8.45) price target on the stock, up previously from GBX 495 ($8.13). Four 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 stock has a consensus rating of “Hold” and a consensus price target of GBX 552.83 ($9.07).
Catlin Group Ltd (LON:CGL) opened at 544.50 on Tuesday. Catlin Group Ltd has a one year low of GBX 449.30 and a one year high of GBX 597.00. The stock has a 50-day moving average of GBX 554.1 and a 200-day moving average of GBX 513.. The company’s market cap is £1.943 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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