RANDALL & QUILTER INVESTMENT’s (RQIH) “House Stock” Rating Reaffirmed at Shore Capital

RANDALL & QUILTER INVESTMENT (LON:RQIH)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital in a report released on Thursday.

Separately, Numis Securities upgraded RANDALL & QUILTER INVESTMENT to a “buy” rating and boosted their price objective for the company from GBX 160 ($2.15) to GBX 180 ($2.42) in a research note on Monday, September 25th.

Shares of RANDALL & QUILTER INVESTMENT (LON RQIH) remained flat at $GBX 133.50 ($1.80) on Thursday. 13,304 shares of the company’s stock traded hands, compared to its average volume of 9,197. RANDALL & QUILTER INVESTMENT has a 12-month low of GBX 113 ($1.52) and a 12-month high of GBX 160 ($2.15).

In related news, insider Ken Randall acquired 366,334 shares of the firm’s stock in a transaction that occurred on Tuesday, October 31st. The shares were bought at an average cost of GBX 1,290 ($17.36) per share, for a total transaction of £4,725,708.60 ($6,360,307.67).

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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 Lloyd’s Syndicates; purchaser of insurance receivables; and service provider to the non-life insurance market.

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