Berenberg Bank Reiterates “Hold” Rating for Catlin Group Limited (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 Monday. They currently have a GBX 527 ($8.75) target price on the stock. Berenberg Bank’s price target would suggest a potential upside of 2.53% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Catlin Group Limited in a research note on Thursday. They now have a GBX 592 ($9.82) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Catlin Group Limited in a research note on Thursday, August 21st. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Catlin Group Limited in a research note on Tuesday, August 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. Catlin Group Limited presently has an average rating of “Hold” and an average target price of GBX 568.43 ($9.43).
Catlin Group Limited (LON:CGL) opened at 518.00 on Monday. Catlin Group Limited has a 52 week low of GBX 463.40 and a 52 week high of GBX 591.00. The stock has a 50-day moving average of GBX 518.8 and a 200-day moving average of GBX 526.3. The company’s market cap is £1.861 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 ($0.17) 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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