Catlin Group Limited Stock Rating Reaffirmed by Credit Suisse (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “underperform” rating reaffirmed by Credit Suisse in a research note issued on Thursday, StockRatingsNetwork reports. They currently have a GBX 515 ($8.45) price target on the stock. Credit Suisse’s price target suggests a potential downside of 7.78% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Catlin Group Limited from GBX 555 ($9.11) to GBX 600 ($9.84) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of Catlin Group Limited in a research note on Tuesday. They now have a GBX 575 ($9.43) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Catlin Group Limited in a research note on Tuesday. Three equities research 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’s stock. Catlin Group Limited presently has a consensus rating of “Hold” and an average price target of GBX 563.94 ($9.25).
Catlin Group Limited (LON:CGL) traded up 0.44% on Thursday, hitting GBX 558.45. The stock had a trading volume of 1,502,307 shares. Catlin Group Limited 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 549.6 and a 200-day moving average of GBX 515.8. The company’s market cap is £1.993 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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