Catlin Group Limited’s “Hold” Rating Reaffirmed at Numis Securities Ltd (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “hold” rating reiterated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Tuesday, AmericanBankingNews.com reports. They currently have a GBX 570 ($9.60) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 8.78% from the company’s current price.
A number of other analysts have also recently weighed in on CGL. Analysts at Nomura reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Thursday, May 8th. They now have a GBX 568 ($9.57) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Catlin Group Limited in a research note on Wednesday, May 7th. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Thursday, May 1st. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 563 ($9.48).
Catlin Group Limited (LON:CGL) traded down 0.86% on Tuesday, hitting GBX 519.50. 135,098 shares of the company’s stock traded hands. 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 522.9 and its 200-day moving average is GBX 533.. The company’s market cap is £1.859 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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