Lancashire Holdings Limited Receives “Add” Rating from Westhouse Securities (LRE)
Lancashire Holdings Limited (LON:LRE)‘s stock had its “add” rating restated by research analysts at Westhouse Securities in a report released on Monday. They currently have a GBX 730 ($12.40) target price on the stock. Westhouse Securities’ price objective would indicate a potential upside of 16.71% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of Lancashire Holdings Limited from GBX 690 ($11.72) to GBX 670 ($11.38) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Deutsche Bank cut their price target on shares of Lancashire Holdings Limited from GBX 762 ($12.94) to GBX 724 ($12.29) in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Lancashire Holdings Limited to a “buy” rating in a research note on Thursday. They now have a GBX 840 ($14.26) price target on the stock, down previously from GBX 875 ($14.86). 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. The company currently has an average rating of “Hold” and an average price target of GBX 750.33 ($12.74).
Shares of Lancashire Holdings Limited (LON:LRE) traded up 0.40% on Monday, hitting GBX 625.50. 332,611 shares of the company’s stock traded hands. Lancashire Holdings Limited has a 52-week low of GBX 590.00 and a 52-week high of GBX 823.4999. The stock has a 50-day moving average of GBX 641.6 and a 200-day moving average of GBX 688.2. The company’s market cap is £1.168 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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