Lancashire Holdings Limited (LON:LRE) Given Consensus Recommendation of “Hold” by Analysts

Lancashire Holdings Limited (LON:LRE) has been given a consensus rating of “Hold” by the seven brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 681.50.

LRE has been the topic of a number of research analyst reports. Berenberg Bank boosted their price objective on shares of Lancashire from GBX 670 to GBX 700 and gave the company a “hold” rating in a report on Wednesday, November 5th. Citigroup raised their target price on Lancashire from GBX 696 to GBX 725 and gave the stock a “buy” rating in a research note on Thursday, November 6th. The Goldman Sachs Group dropped their price target on Lancashire from GBX 763 to GBX 658 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Jefferies Financial Group cut their price objective on Lancashire from GBX 820 to GBX 736 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Finally, Peel Hunt restated a “hold” rating and issued a GBX 645 price objective on shares of Lancashire in a research note on Wednesday, November 5th.

Insiders Place Their Bets

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

Lancashire Stock Up 1.2%

LON:LRE opened at GBX 671 on Friday. The company has a current ratio of 33.62, a quick ratio of 1.18 and a debt-to-equity ratio of 31.26. Lancashire has a twelve month low of GBX 505 and a twelve month high of GBX 700. The company has a market cap of £1.62 billion, a PE ratio of 7.29, a P/E/G ratio of 0.21 and a beta of 0.62. The company’s 50 day moving average is GBX 630.89 and its two-hundred day moving average is GBX 628.02.

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.