Peel Hunt reaffirmed their add rating on shares of Lancashire Holdings Limited (LON:LRE) in a report published on Wednesday, StockTargetPrices.com reports. The firm currently has a GBX 760 ($9.82) price target on the stock.
Several other analysts have also recently issued reports on LRE. HSBC Holdings plc reissued a hold rating and set a GBX 680 ($8.78) price objective on shares of Lancashire Holdings Limited in a research note on Tuesday, June 13th. Credit Suisse Group initiated coverage on shares of Lancashire Holdings Limited in a research note on Tuesday, July 18th. They set an underperform rating and a GBX 610 ($7.88) price objective for the company. Morgan Stanley initiated coverage on shares of Lancashire Holdings Limited in a research note on Tuesday, July 25th. They set an equal weight rating and a GBX 630 ($8.14) price objective for the company. Shore Capital reissued a buy rating on shares of Lancashire Holdings Limited in a research note on Thursday, July 27th. Finally, Numis Securities Ltd reissued a hold rating and set a GBX 775 ($10.01) price objective on shares of Lancashire Holdings Limited in a research note on Thursday, July 27th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 647.17 ($8.36).
Lancashire Holdings Limited (LON:LRE) opened at 653.50 on Wednesday. The firm’s 50-day moving average price is GBX 695.97 and its 200-day moving average price is GBX 694.68. Lancashire Holdings Limited has a 1-year low of GBX 608.00 and a 1-year high of GBX 775.00. The firm’s market capitalization is GBX 1.31 billion.
The firm also recently announced a dividend, which was paid on Wednesday, September 6th. Investors of record on Thursday, August 10th were paid a dividend of $0.05 per share. This represents a yield of 0.52%. The ex-dividend date of this dividend was Thursday, August 10th.
Lancashire Holdings Limited Company Profile
Lancashire Holdings Limited is a holding company. The Company’s principal activity, through its subsidiaries, is the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Property, Energy, Marine, Aviation and Lloyd’s. It underwrites worldwide, insurance and reinsurance contracts that transfer insurance risk, including risks exposed to both natural and man-made catastrophes.
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