Catlin Group Limited Receives “Add” Rating from Numis Securities Ltd (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “add” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Friday. They currently have a GBX 585 ($9.84) target price on the stock. Numis Securities Ltd’s price target suggests a potential upside of 14.83% from the stock’s previous close.
CGL has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Thursday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Catlin Group Limited in a research note on Thursday, July 31st. They now have a GBX 580 ($9.76) 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 company’s stock. Catlin Group Limited currently has an average rating of “Hold” and an average price target of GBX 561.47 ($9.45).
Shares of Catlin Group Limited (LON:CGL) traded up 4.76% during mid-day trading on Friday, hitting GBX 509.45. The stock had a trading volume of 3,055,599 shares. Catlin Group Limited has a 1-year low of GBX 458.90 and a 1-year high of GBX 591.00. The stock’s 50-day moving average is GBX 528. and its 200-day moving average is GBX 527.9. The company’s market cap is £1.823 billion.
The company also recently announced a dividend, which is scheduled for Monday, September 22nd. Stockholders of record on Wednesday, August 20th will be paid a dividend of GBX 10.50 ($0.18) per share. This represents a dividend yield of 2.06%. The ex-dividend date is Wednesday, August 20th.
Catlin Group Limited (LON:CGL) is a holding company.
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