RANDALL & QUILTER INVESTMENT HOLDINGS LTD (RQIH) Upgraded by Numis Securities Ltd to “Buy”
RANDALL & QUILTER INVESTMENT HOLDINGS LTD (LON:RQIH) was upgraded by analysts at Numis Securities Ltd to a “buy” rating in a report issued on Monday. The firm currently has a GBX 180 ($2.43) price objective on the stock, up from their previous price objective of GBX 160 ($2.16). Numis Securities Ltd’s price target points to a potential upside of 23.71% from the company’s current price.
Separately, Shore Capital reiterated a “house stock” rating on shares of RANDALL & QUILTER INVESTMENT HOLDINGS LTD in a research note on Wednesday, September 20th.
Shares of RANDALL & QUILTER INVESTMENT HOLDINGS LTD (LON RQIH) opened at 145.50 on Monday. RANDALL & QUILTER INVESTMENT HOLDINGS LTD has a 52-week low of GBX 113.00 and a 52-week high of GBX 160.00. The stock has a 50 day moving average of GBX 143.68 and a 200-day moving average of GBX 136.92. The stock’s market capitalization is GBX 110.66 million.
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In other RANDALL & QUILTER INVESTMENT HOLDINGS LTD news, insider Alan Quilter sold 1,400,000 shares of RANDALL & QUILTER INVESTMENT HOLDINGS LTD stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of GBX 147 ($1.98), for a total value of £2,058,000 ($2,774,706.75).
About RANDALL & QUILTER INVESTMENT HOLDINGS LTD
Randall & Quilter Investment Holdings Ltd., together with its subsidiaries, owns and manages live and in run off insurance companies worldwide. The company operates as an underwriting manager for active insurers; participator and manager of Lloyds Syndicates; purchaser of insurance receivables; and service provider to the non-life insurance market.
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