Lancashire Holdings Limited (OTCMKTS:LCSHF – Get Free Report) shares rose 9.5% during mid-day trading on Tuesday . The stock traded as high as $8.10 and last traded at $8.10. Approximately 8,000 shares traded hands during trading, an increase of 430% from the average daily volume of 1,509 shares. The stock had previously closed at $7.40.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. BNP Paribas began coverage on shares of Lancashire in a report on Wednesday, April 23rd. They issued a “neutral” rating for the company. Citigroup restated a “buy” rating on shares of Lancashire in a research note on Thursday, July 10th.
Read Our Latest Stock Report on LCSHF
Lancashire Trading Up 9.5%
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.
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