Lancashire Holdings Limited Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (LRE)
Lancashire Holdings Limited (LON:LRE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Espirito Santo Investment Bank Research in a research note issued to investors on Thursday. They currently have a GBX 780 ($13.33) target price on the stock. Espirito Santo Investment Bank Research’s price target suggests a potential upside of 22.83% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Lancashire Holdings Limited in a research note on Tuesday. They now have a GBX 720 ($12.30) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Lancashire Holdings Limited in a research note on Friday, July 18th. They now have a GBX 730 ($12.47) price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Lancashire Holdings Limited from GBX 744 ($12.71) to GBX 725 ($12.39) in a research note on Thursday, July 17th. They now have a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company. Lancashire Holdings Limited presently has an average rating of “Hold” and a consensus price target of GBX 757.27 ($12.94).
Shares of Lancashire Holdings Limited (LON:LRE) traded up 4.87% during mid-day trading on Thursday, hitting GBX 635.00. The stock had a trading volume of 1,119,597 shares. Lancashire Holdings Limited has a 52-week low of GBX 590.00 and a 52-week high of GBX 823.50. The stock has a 50-day moving average of GBX 643.4 and a 200-day moving average of GBX 691.4. The company’s market cap is £1.154 billion.
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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