Lancashire’s (LRE) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Lancashire (LON:LRE) in a research note released on Wednesday,Digital Look reports. They currently have a GBX 698 price target on the stock.

Lancashire Stock Performance

LON:LRE opened at GBX 602.14 on Wednesday. The stock has a market capitalization of £1.46 billion, a PE ratio of 5.15, a P/E/G ratio of 0.21 and a beta of 0.46. Lancashire has a fifty-two week low of GBX 549 and a fifty-two week high of GBX 700. The company has a fifty day moving average of GBX 632.87 and a two-hundred day moving average of GBX 620.69.

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.