Catlin Group Ltd’s Overweight Rating Reaffirmed at Barclays (CGL)
Catlin Group Ltd (LON:CGL)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays in a research note issued to investors on Tuesday, Analyst RN reports.
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 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 551.1 and a 200-day moving average of GBX 515.0. The company’s market cap is £1.979 billion.
CGL has been the subject of a number of other recent research reports. 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. Separately, analysts at Peel Hunt upgraded shares of Catlin Group Ltd to a “hold” rating in a research note on Monday. Finally, analysts at Deutsche Bank raised their price target on shares of Catlin Group Ltd from GBX 584 ($9.58) to GBX 604 ($9.91) in a research note on Monday. They now have a “hold” rating on the stock. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. Catlin Group Ltd currently has a consensus 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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