Lancashire Holdings Limited (LON:LRE) Receives GBX 670.17 Consensus PT from Brokerages

Shares of Lancashire Holdings Limited (LON:LRE) have received an average rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 670.17.

Several brokerages recently commented on LRE. The Goldman Sachs Group dropped their price objective 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 decreased their target price on shares of Lancashire from GBX 736 to GBX 668 and set a “buy” rating on the stock in a research note on Tuesday, March 10th.

Lancashire Trading Down 6.8%

LRE opened at GBX 572.50 on Tuesday. The company has a market cap of £1.39 billion, a P/E ratio of 6.22, a PEG ratio of 0.21 and a beta of 0.40. The company’s 50 day moving average is GBX 629.07 and its 200-day moving average is GBX 628.34. Lancashire has a 1-year low of GBX 505 and a 1-year 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.