Catlin Group Ltd Rating Reiterated by Oriel Securities Ltd (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “buy” rating restated by investment analysts at Oriel Securities Ltd in a note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 570 ($9.36) price objective on the stock. Oriel Securities Ltd’s target price would indicate a potential upside of 5.85% from the stock’s previous close.
Shares of Catlin Group Ltd (LON:CGL) traded down 1.11% on Thursday, hitting GBX 532.50. The stock had a trading volume of 212,699 shares. 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 553.8 and its 200-day moving average is GBX 513.5. The company’s market cap is £1.900 billion.
A number of other firms have also recently commented on CGL. Analysts at RBC Capital downgraded shares of Catlin Group Ltd to a “neutral” rating in a research note to investors on Wednesday. They now have a GBX 575 ($9.44) price target on the stock. Separately, analysts at HSBC raised their price target on shares of Catlin Group Ltd from GBX 618 ($10.14) to GBX 650 ($10.67) in a research note to investors on Tuesday. They now have an “overweight” rating on the stock. Finally, 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. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 552.92 ($9.08).
Catlin Group Limited (LON:CGL) is a holding company.
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