Lancashire (OTCMKTS:LCSHF) Upgraded to “Buy” at Investec

Investec upgraded shares of Lancashire (OTCMKTS:LCSHFGet Rating) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning, The Fly reports.

Several other analysts have also recently issued reports on LCSHF. Morgan Stanley increased their target price on shares of Lancashire from GBX 434 ($5.24) to GBX 441 ($5.33) in a research note on Thursday, July 7th. Barclays raised their price objective on shares of Lancashire from GBX 487 ($5.88) to GBX 528 ($6.38) in a research report on Monday, August 15th. Royal Bank of Canada raised their price objective on shares of Lancashire from GBX 525 ($6.34) to GBX 550 ($6.65) in a research report on Thursday, July 28th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Lancashire from GBX 615 ($7.43) to GBX 620 ($7.49) in a research report on Thursday, July 28th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus target price of $595.33.

Lancashire Stock Performance

OTCMKTS LCSHF opened at $5.70 on Tuesday. Lancashire has a 1 year low of $4.40 and a 1 year high of $9.20. The company’s 50 day simple moving average is $5.16 and its two-hundred day simple moving average is $5.10.

Lancashire Company Profile

(Get Rating)

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, and Australia. The company operates through five segments: Property and Casualty Reinsurance, Property and Casualty Insurance, Aviation, Energy, and Marine. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products, as well as property reinsurance services; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.

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Analyst Recommendations for Lancashire (OTCMKTS:LCSHF)

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