Lancashire Holdings Limited (LON:LRE)‘s stock had its “hold” rating reissued by analysts at Peel Hunt in a research note issued to investors on Monday. They currently have a GBX 590 ($7.30) price objective on the stock. Peel Hunt’s target price suggests a potential downside of 14.92% from the company’s current price.

Several other brokerages have also recently issued reports on LRE. Barclays PLC reaffirmed an “underweight” rating on shares of Lancashire Holdings Limited in a research note on Monday, August 1st. Shore Capital reaffirmed a “buy” rating on shares of Lancashire Holdings Limited in a research note on Wednesday, October 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 545 ($6.75) target price on shares of Lancashire Holdings Limited in a research note on Monday, September 12th. Stockdale Securities cut shares of Lancashire Holdings Limited to a “neutral” rating and set a GBX 670 ($8.29) target price on the stock. in a research note on Wednesday, September 14th. Finally, HSBC lifted their target price on shares of Lancashire Holdings Limited from GBX 680 ($8.42) to GBX 730 ($9.03) and gave the stock a “buy” rating in a research note on Wednesday, June 29th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 645.71 ($7.99).

Analyst Recommendations for Lancashire Holdings Limited (LON:LRE)

Lancashire Holdings Limited (LON:LRE) traded up 0.72% on Monday, reaching GBX 695.00. 195,292 shares of the company traded hands. The stock has a 50 day moving average of GBX 661.14 and a 200-day moving average of GBX 593.18. Lancashire Holdings Limited has a 1-year low of GBX 467.00 and a 1-year high of GBX 772.90. The stock’s market capitalization is GBX 1.38 billion.

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In other Lancashire Holdings Limited news, insider Maloney ,Alex sold 60,614 shares of the business’s stock in a transaction dated Tuesday, September 13th. The shares were sold at an average price of GBX 650 ($8.04), for a total transaction of £393,991 ($487,612.62).

Lancashire Holdings Limited Company Profile

Lancashire Holdings Limited is a United Kingdom-based company, which is engaged in the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Lloyd’s, Property, Energy, Marine and Aviation. The Company operates as a specialty insurer/reinsurer operating across three platforms: Lancashire, Cathedral and Kinesis.

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