Deutsche Bank Reiterates “Hold” Rating for Lancashire Holdings Limited (LRE)
Lancashire Holdings Limited (LON:LRE)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday, Stock Ratings News reports. They currently have a GBX 822 ($13.49) target price on the stock. Deutsche Bank’s price objective would indicate a potential upside of 13.85% from the stock’s previous close.
A number of other firms have also recently commented on LRE. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Lancashire Holdings Limited in a research note on Thursday. They now have a GBX 875 ($14.36) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Lancashire Holdings Limited in a research note on Thursday. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Lancashire Holdings Limited in a research note on Tuesday. They now have a GBX 750 ($12.31) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. Lancashire Holdings Limited currently has a consensus rating of “Hold” and a consensus price target of GBX 819.47 ($13.44).
Lancashire Holdings Limited (LON:LRE) traded up 0.07% on Thursday, hitting GBX 758.50. The stock had a trading volume of 77,311 shares. Lancashire Holdings Limited has a 1-year low of GBX 711.00 and a 1-year high of GBX 933.00. The stock has a 50-day moving average of GBX 775. and a 200-day moving average of GBX 774.9. The company’s market cap is £1.284 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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