Catlin Group Limited Rating Reiterated by Barclays (CGL)
Catlin Group Limited (LON:CGL)‘s stock had its “equal weight” rating restated by stock analysts at Barclays in a report issued on Thursday. They currently have a GBX 592 ($9.80) target price on the stock. Barclays’ price objective indicates a potential upside of 14.40% from the company’s current price.
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, August 21st. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Catlin Group Limited in a research note on Tuesday, August 19th. Finally, analysts at Deutsche Bank cut their price target on shares of Catlin Group Limited from GBX 564 ($9.33) to GBX 546 ($9.04) in a research note on Monday, August 11th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. Catlin Group Limited has an average rating of “Hold” and an average price target of GBX 568.43 ($9.41).
Catlin Group Limited (LON:CGL) traded down 1.15% on Thursday, hitting GBX 512.55. 825,749 shares of the company’s stock traded hands. Catlin Group Limited has a 1-year low of GBX 463.40 and a 1-year high of GBX 591.00. The stock has a 50-day moving average of GBX 519.7 and a 200-day moving average of GBX 526.3. The company’s market cap is £1.842 billion.
The company also recently declared a dividend, which is scheduled for Monday, September 22nd. Stockholders of record on Wednesday, August 20th will be given a dividend of GBX 10.50 ($0.17) per share. This represents a yield of 2.06%. The ex-dividend date of this dividend is Wednesday, August 20th.
Catlin Group Limited (LON:CGL) is a holding company.
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