Lancashire Holdings Limited (LRE) Receives “Add” Rating from Peel Hunt

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.

TRADEMARK VIOLATION WARNING: This article was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this article on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The original version of this article can be viewed at https://www.chaffeybreeze.com/2017/09/17/lancashire-holdings-limited-lre-receives-add-rating-from-peel-hunt.html.

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.

Stock Target Prices

Analyst Recommendations for Lancashire Holdings Limited (LON:LRE)

Receive News & Ratings for Lancashire Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply