Catlin Group Limited Receives Average Rating of “Hold” from Analysts (LON:CGL)
Shares of Catlin Group Limited (LON:CGL) have received an average recommendation of “Hold” from the nineteen ratings firms that are covering the stock, AnalystRatingsNetwork reports. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 560.71 ($9.40).
A number of research firms have recently commented on CGL. Analysts at Westhouse Securities downgraded shares of Catlin Group Limited to a “sell” rating in a research note on Friday, February 14th. They now have a GBX 500 ($8.38) price target on the stock, down previously from GBX 555 ($9.30). Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of Catlin Group Limited in a research note on Thursday, February 13th. They now have a GBX 515 ($8.63) price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Catlin Group Limited from GBX 555 ($9.30) to GBX 600 ($10.06) in a research note on Tuesday, February 11th. They now have a “buy” rating on the stock.
Catlin Group Limited (LON:CGL) traded down 0.09% during mid-day trading on Thursday, hitting GBX 526.00. The stock had a trading volume of 257,168 shares. Catlin Group Limited has a 52-week low of GBX 449.30 and a 52-week high of GBX 597.00. The stock’s 50-day moving average is GBX 546.8 and its 200-day moving average is GBX 517.0. The company’s market cap is £1.882 billion.
The company also recently declared a dividend, which is scheduled for Thursday, March 20th. Shareholders of record on Wednesday, February 19th will be given a dividend of GBX 21 ($0.35) per share. This represents a yield of 3.79%. The ex-dividend date of this dividend is Wednesday, February 19th.
Catlin Group Limited (LON:CGL) is a holding company.
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