Catlin Group Limited Stock Rating Reaffirmed by HSBC (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “overweight” rating reaffirmed by HSBC in a research note issued on Friday. They currently have a GBX 616 ($10.37) target price on the stock. HSBC’s price target suggests a potential upside of 17.33% from the company’s current price.
CGL has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of Catlin Group Limited in a research note on Friday, May 23rd. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Thursday, May 22nd. Finally, analysts at Canaccord Genuity cut their price target on shares of Catlin Group Limited from GBX 600 ($10.10) to GBX 555 ($9.34) in a research note on Thursday, May 15th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. Catlin Group Limited has a consensus rating of “Hold” and a consensus price target of GBX 563 ($9.48).
Catlin Group Limited (LON:CGL) opened at 525.00 on Friday. Catlin Group Limited has a 52 week low of GBX 449.30 and a 52 week high of GBX 591.00. The stock has a 50-day moving average of GBX 519.8 and a 200-day moving average of GBX 534.. The company’s market cap is £1.878 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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