Lancashire Holdings Ltd Given Underweight Rating at Barclays (LRE)
Lancashire Holdings Ltd (LON:LRE)‘s stock had its “underweight” rating reaffirmed by investment analysts at Barclays in a note issued to investors on Tuesday, AnalystRatingsNetwork.com reports.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity cut their price target on shares of Lancashire Holdings Ltd from GBX 780 ($12.82) to GBX 750 ($12.33) in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Lancashire Holdings Ltd in a research note to investors on Thursday, January 30th. Finally, analysts at HSBC raised their price target on shares of Lancashire Holdings Ltd from GBX 950 ($15.61) to GBX 954 ($15.68) in a research note to investors on Tuesday, January 21st. They now have an “overweight” rating on the stock. One 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 company’s stock. Lancashire Holdings Ltd has a consensus rating of “Hold” and an average target price of GBX 831.12 ($13.66).
Lancashire Holdings Ltd (LON:LRE) opened at 746.50 on Tuesday. Lancashire Holdings Ltd has a one year low of GBX 711.00 and a one year high of GBX 933.00. The stock’s 50-day moving average is GBX 779. and its 200-day moving average is GBX 777.. The company’s market cap is £1.264 billion.
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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