Analysts Set Lancashire Holdings Limited (LON:LRE) Target Price at GBX 681.50

Lancashire Holdings Limited (LON:LRE) has earned an average rating of “Hold” from the seven research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 681.50.

Several research analysts have recently commented on LRE shares. Citigroup increased their price target on shares of Lancashire from GBX 696 to GBX 725 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Peel Hunt reissued a “hold” rating and issued a GBX 645 price target on shares of Lancashire in a research report on Wednesday, November 5th. The Goldman Sachs Group dropped their price target on shares of Lancashire from GBX 763 to GBX 658 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Jefferies Financial Group reduced their price objective on Lancashire from GBX 820 to GBX 736 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Finally, Berenberg Bank lifted their target price on Lancashire from GBX 670 to GBX 700 and gave the company a “hold” rating in a report on Wednesday, November 5th.

Insider Transactions at Lancashire

In other news, insider Philip Broadley purchased 5,580 shares of the business’s stock in a transaction on Friday, December 12th. The shares were bought at an average price of GBX 594 per share, with a total value of £33,145.20. 4.62% of the stock is owned by company insiders.

Lancashire Price Performance

Lancashire stock opened at GBX 664 on Friday. The company has a fifty day simple moving average of GBX 627.52 and a 200-day simple moving average of GBX 627.09. 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 firm has a market capitalization of £1.61 billion, a price-to-earnings ratio of 7.22, a PEG ratio of 0.21 and a beta of 0.62. Lancashire has a 52-week low of GBX 505 and a 52-week high of GBX 700.

About Lancashire

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. The company also provides Marine Builders Risk, marine hull, total loss and war, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks; and energy insurance products covering upstream operational, downstream and onshore operational, and upstream construction all risks business.