Catlin Group Limited Given “Hold” Rating at Berenberg Bank (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “hold” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Friday. They currently have a GBX 527 ($8.87) price objective on the stock. Berenberg Bank’s price objective indicates a potential upside of 8.73% from the stock’s previous close.
Shares of Catlin Group Limited (LON:CGL) opened at 506.00 on Friday. Catlin Group Limited has a 52-week low of GBX 458.90 and a 52-week high of GBX 591.00. The stock has a 50-day moving average of GBX 529.5 and a 200-day moving average of GBX 528.. The company’s market cap is £1.810 billion.
A number of other firms have also recently commented on CGL. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Catlin Group Limited in a research note on Friday. They now have a GBX 610 ($10.26) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Catlin Group Limited in a research note on Friday. They now have a GBX 580 ($9.76) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Catlin Group Limited in a research note on Friday. They now have a GBX 595 ($10.01) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. Catlin Group Limited currently has a consensus rating of “Hold” and a consensus target price of GBX 561.47 ($9.45).
Catlin Group Limited (LON:CGL) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.