Lancashire Holdings Limited (LON:LRE) Stock Has Average Price Target of GBX 664.33

Shares of Lancashire Holdings Limited (LON:LRE) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 664.33.

Several analysts recently issued reports on LRE shares. Berenberg Bank reaffirmed a “hold” rating and set a GBX 700 price objective on shares of Lancashire in a report on Thursday, July 30th. Royal Bank Of Canada dropped their target price on shares of Lancashire from GBX 580 to GBX 560 and set an “underperform” rating on the stock in a report on Thursday, July 30th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 698 target price on shares of Lancashire in a research report on Wednesday, July 29th.

Lancashire Stock Up 1.8%

Shares of LRE stock opened at GBX 646.50 on Friday. Lancashire has a 12 month low of GBX 549 and a 12 month high of GBX 689. The company has a market cap of £1.57 billion, a PE ratio of 5.01, a price-to-earnings-growth ratio of 0.21 and a beta of 0.46. The business’s 50 day moving average is GBX 620.80 and its two-hundred day moving average is GBX 618.06.

Insider Activity at Lancashire

In other Lancashire news, insider Philip Broadley acquired 1,745 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were acquired at an average cost of GBX 630 per share, for a total transaction of £10,993.50. Insiders own 5.31% of the company’s stock.

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. 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.