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

Lancashire Holdings Limited (LON:LRE) has been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-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 reaffirmed a “buy” rating and issued a GBX 698 price target on shares of Lancashire in a research note on Thursday, April 30th.

Insider Buying and Selling at Lancashire

In other news, insider Philip Broadley bought 4,225 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of GBX 566 per share, for a total transaction of £23,913.50. 5.32% of the stock is owned by insiders.

Lancashire Stock Down 0.7%

Shares of LON LRE opened at GBX 649.50 on Monday. The firm has a market cap of £1.58 billion, a PE ratio of 5.55, a P/E/G ratio of 0.21 and a beta of 0.46. Lancashire has a 12-month low of GBX 549 and a 12-month high of GBX 700. The company’s fifty day simple moving average is GBX 629.36 and its 200 day simple moving average is GBX 619.64. The company has a quick ratio of 1.18, a current ratio of 711.51 and a debt-to-equity ratio of 31.62.

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.