Lancashire Holdings Limited (LON:LRE) Receives Average Rating of “Hold” from Analysts

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

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 698 price objective on shares of Lancashire in a research note on Thursday, April 30th.

Lancashire Price Performance

Shares of LON:LRE opened at GBX 646.50 on Thursday. Lancashire has a one year low of GBX 549 and a one year high of GBX 700. The stock has a market capitalization of £1.57 billion, a price-to-earnings ratio of 5.53, a PEG ratio of 0.21 and a beta of 0.92. The company has a 50-day simple moving average of GBX 610.80 and a 200-day simple moving average of GBX 615.19. 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 Activity

In related news, insider Philip Broadley purchased 4,225 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was acquired at an average price of GBX 566 per share, for a total transaction of £23,913.50. Insiders own 5.32% of the company’s stock.

About Lancashire

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.