Lancashire Holdings Limited (LON:LRE) Given Average Recommendation of “Hold” by Brokerages

Lancashire Holdings Limited (LON:LRE) has earned a consensus rating of “Hold” from the seven analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 675.17.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 698 price objective on shares of Lancashire in a report on Thursday, April 30th.

Lancashire Trading Down 0.9%

LRE opened at GBX 604.50 on Friday. Lancashire has a one year low of GBX 549 and a one year high of GBX 700. The stock has a market capitalization of £1.47 billion, a PE ratio of 5.17, a P/E/G ratio of 0.21 and a beta of 0.44. The business’s 50 day moving average price is GBX 599.48 and its 200 day moving average price is GBX 612. The company has a debt-to-equity ratio of 31.62, a quick ratio of 1.18 and a current ratio of 711.51.

Insider Buying and Selling at Lancashire

In related news, insider Philip Broadley acquired 4,225 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average price of GBX 566 per share, with a total value of £23,913.50. Insiders own 4.62% of the company’s stock.

Lancashire Company Profile

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products. The company also provides Marine Builders Risk, marine hull, total loss and war, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks; and energy insurance products covering upstream operational, downstream and onshore operational, and upstream construction all risks business.