Lancashire Holdings Limited Given Neutral Rating at JPMorgan Chase & Co. (LRE)
Lancashire Holdings Limited (LON:LRE)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Friday, AmericanBankingNews.com reports. They currently have a GBX 810 ($13.29) target price on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 10.96% from the company’s current price.
Lancashire Holdings Limited (LON:LRE) traded up 1.11% on Friday, hitting GBX 730.00. 460,567 shares of the company’s stock traded hands. 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 770.2 and a 200-day moving average of GBX 773.9. The company’s market cap is £1.236 billion.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Lancashire Holdings Limited from GBX 822 ($13.49) to GBX 826 ($13.55) in a research note on Thursday. They now have a “hold” rating on the stock. Separately, 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. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Lancashire Holdings Limited in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 819.73 ($13.45).
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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