Analysts Set Lancashire Holdings Limited (LON:LRE) Price Target at GBX 675.17

Shares of Lancashire Holdings Limited (LON:LRE) have been assigned an average rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 675.17.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 698 price objective on shares of Lancashire in a report on Thursday, April 30th.

Lancashire Price Performance

LON LRE opened at GBX 602.55 on Friday. The company has a current ratio of 711.51, a quick ratio of 1.18 and a debt-to-equity ratio of 31.62. The company has a fifty day simple moving average of GBX 602.03 and a 200 day simple moving average of GBX 610.69. The company has a market cap of £1.46 billion, a P/E ratio of 5.15, a P/E/G ratio of 0.21 and a beta of 0.44. Lancashire has a 1 year low of GBX 549 and a 1 year high of GBX 700.

Insider Buying and Selling

In related news, insider Philip Broadley bought 4,225 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of GBX 566 per share, for a total transaction of £23,913.50. 4.62% of the stock is currently owned by insiders.

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.