Catlin Group Limited Given Overweight Rating at JPMorgan Chase & Co. (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday. They currently have a GBX 580 ($9.76) target price on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 19.67% from the company’s current price.
A number of other analysts have also recently weighed in on CGL. 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. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Catlin Group Limited in a research note on Friday. They now have a GBX 585 ($9.84) price target on the stock. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Thursday. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 561.47 ($9.45).
Catlin Group Limited (LON:CGL) opened at 509.90 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’s 50-day moving average is GBX 529.5 and its 200-day moving average is GBX 528.. The company’s market cap is £1.824 billion.
Catlin Group Limited (LON:CGL) is a holding company.
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