Catlin Group Ltd Stock Rating Reaffirmed by RBC Capital (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “sector performer” rating restated by RBC Capital in a research note issued on Tuesday, American Banking News.com reports. They currently have a GBX 575 ($9.43) price target on the stock. RBC Capital’s price objective points to a potential upside of 3.70% from the stock’s previous close.
Catlin Group Ltd (LON:CGL) traded down 0.98% on Tuesday, hitting GBX 554.50. 2,739,915 shares of the company’s stock traded hands. 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 551.1 and a 200-day moving average of GBX 515.0. The company’s market cap is £1.979 billion.
A number of other analysts have also recently weighed in on CGL. Analysts at Barclays reiterated an “overweight” rating on shares of Catlin Group Ltd in a research note on Tuesday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Catlin Group Ltd in a research note on Tuesday. They now have a GBX 580 ($9.52) price target on the stock. Finally, analysts at Peel Hunt upgraded shares of Catlin Group Ltd to a “hold” rating in a research note on Monday. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 563.94 ($9.25).
Catlin Group Limited (LON:CGL) is a holding company.
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