Lancashire (LON:LRE) Insider Bryan Joseph Acquires 1,200 Shares

Lancashire Holdings Limited (LON:LRE) insider Bryan Joseph acquired 1,200 shares of the stock in a transaction dated Friday, August 15th. The shares were bought at an average cost of GBX 609 per share, for a total transaction of £7,308.

Lancashire Stock Up 1.6%

LRE stock opened at GBX 621 on Wednesday. Lancashire Holdings Limited has a twelve month low of GBX 505 and a twelve month high of GBX 721. The company has a quick ratio of 1.18, a current ratio of 33.62 and a debt-to-equity ratio of 31.26. The stock has a market cap of £1.87 billion, a P/E ratio of 11.83, a PEG ratio of 0.21 and a beta of 0.62. The business’s 50-day moving average price is GBX 601.32 and its 200-day moving average price is GBX 592.68.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on LRE shares. Citigroup lifted their price objective on Lancashire from GBX 656 to GBX 696 and gave the company a “buy” rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Lancashire in a research report on Friday, July 18th. Berenberg Bank reissued a “hold” rating and set a GBX 670 target price on shares of Lancashire in a research note on Thursday, August 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 750 target price on shares of Lancashire in a research note on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 705.33.

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.