Insider Selling: Lancashire Holdings Limited (LRE) Insider Sells £393,991 in Stock
Lancashire Holdings Limited (LON:LRE) insider Maloney ,Alex sold 60,614 shares of the stock in a transaction that occurred on Tuesday, September 13th. The shares were sold at an average price of GBX 650 ($8.48), for a total value of £393,991 ($514,281.43).
Lancashire Holdings Limited (LON:LRE) opened at 676.50 on Tuesday. The company’s market cap is GBX 1.34 billion. The firm’s 50-day moving average price is GBX 633.00 and its 200-day moving average price is GBX 579.71. Lancashire Holdings Limited has a 1-year low of GBX 467.00 and a 1-year high of GBX 772.90.
Several research analysts recently commented on the company. Peel Hunt reissued a “hold” rating and set a GBX 530 ($6.92) price target on shares of Lancashire Holdings Limited in a research report on Thursday, June 2nd. Morgan Stanley raised their price objective on Lancashire Holdings Limited from GBX 593 ($7.74) to GBX 666 ($8.69) and gave the company an “equal weight” rating in a research report on Thursday, August 4th. Stockdale Securities cut Lancashire Holdings Limited to a “neutral” rating and set a GBX 670 ($8.75) price objective for the company. in a research report on Wednesday, September 14th. Shore Capital reaffirmed a “buy” rating on shares of Lancashire Holdings Limited in a research report on Wednesday, July 27th. Finally, Numis Securities Ltd cut Lancashire Holdings Limited to an “add” rating and raised their price objective for the company from GBX 675 ($8.81) to GBX 720 ($9.40) in a research report on Wednesday, July 27th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. Lancashire Holdings Limited presently has a consensus rating of “Hold” and an average target price of GBX 645.71 ($8.43).
About Lancashire Holdings Limited
Lancashire Holdings Limited is a United Kingdom-based company, which is engaged in the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Lloyd’s, Property, Energy, Marine and Aviation. The Company operates as a specialty insurer/reinsurer operating across three platforms: Lancashire, Cathedral and Kinesis.
Receive News & Ratings for Lancashire Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire Holdings Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.