Catlin Group Limited Given Consensus Recommendation of “Hold” by Analysts (LON:CGL)
Shares of Catlin Group Limited (LON:CGL) have earned an average rating of “Hold” from the seventeen brokerages that are presently covering the stock, AnalystRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 560.80 ($9.41).
A number of analysts have recently weighed in on CGL shares. Analysts at Deutsche Bank cut their price target on shares of Catlin Group Limited from GBX 564 ($9.46) to GBX 546 ($9.16) in a research note on Monday. They now have a “hold” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Catlin Group Limited from GBX 555 ($9.31) to GBX 560 ($9.39) in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of Catlin Group Limited in a research note on Friday, August 8th. They now have a GBX 527 ($8.84) price target on the stock.
Shares of Catlin Group Limited (LON:CGL) opened at 514.50 on Wednesday. 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 527.1 and its 200-day moving average is GBX 527.4. The company’s market cap is £1.849 billion.
The company also recently announced a dividend, which is scheduled for Monday, September 22nd. Investors 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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