A statement released earlier today by Peel Hunt about Lancashire Holdings Ltd (LON:LRE) maintains the target price at 590.00GBX
- Updated: September 16, 2016
Indicating a possible upside of 0.00%, Peel Hunt held the target stock price of Lancashire Holdings Ltd (LON:LRE) at 590GBX.
On Monday September 12 2016, JP Morgan Cazenove reported about Lancashire Holdings Ltd(LON:LRE) raised the target price at 545.00GBX. At the time, this suggested a downside of -0.16%.
Boasting a price of 0.00GBX, Lancashire Holdings Ltd (LON:LRE) traded 1.65% higher on the day. The last close is down 17.25% relative to the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Lancashire Holdings Ltd has been tracking to a 50-day moving average of 630.18GBX and two hundred day moving average of 579.08GBX. 715,696 shares of the stock traded, up from ann average volume of 446,678
Lancashire Holdings Ltd has a price-earnings of 9 with a one-year low of 467.00GBX and a one-year high of 772.90GBX. The company’s market capitalization is currently 0.0 GBX.
A total of 15 brokers have reported on the stock. Three firms rate the stock a strong buy, two firms rate the stock a buy, eight analyts rate the stock a hold, four brokerages rate the company to underperform, and finally 0 firmsrate the company as sell with a 12-month target stock price of 7.80GBX
Brief Synopsis On Lancashire Holdings Ltd (LON:LRE)
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. It is a provider of global specialty insurance and reinsurance products operating in Bermuda and London, offering clients rated companies, Lloyd’s and collateralized security. Lancashire includes two companies covering the London and Bermuda markets with core business portfolios. Cathedral includes two syndicates in Lloyd’s with mature portfolios of short-tail business in the same classes as Lancashire, allowing further diversification of the business and client base. Kinesis is a third-party capital and underwriting manager in Bermuda. It has operating subsidiaries in Bermuda and London, and and two Syndicates at Lloyd’s.
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