Nomura Reiterates “Neutral” Rating for Catlin Group Limited (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “neutral” rating reiterated by analysts at Nomura in a research report issued to clients and investors on Thursday. They currently have a GBX 568 ($9.67) price objective on the stock. Nomura’s target price indicates a potential upside of 5.77% from the stock’s previous close.
Catlin Group Limited (LON:CGL) opened at 539.00 on Thursday. Catlin Group Limited has a 52-week low of GBX 458.90 and a 52-week high of GBX 591.00. The stock’s 50-day moving average is GBX 526.9 and its 200-day moving average is GBX 534.3. The company’s market cap is £1.928 billion.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Friday, June 27th. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Wednesday, June 25th. They now have a GBX 515 ($8.77) price target on the stock. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 559.80 ($9.54).
Catlin Group Limited (LON:CGL) is a holding company.
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