Citigroup issued a report on Lancashire Holdings Ltd (LON:LRE), upping its target price to 695.00GBX today
- Updated: September 16, 2016
In a report announced on Tuesday September 13 2016 Citigroup upped the target price of Lancashire Holdings Ltd (LON:LRE) from 0GBX to 695GBX stating a possible upside of 0.00%.
Previously on 9/12/2016, JP Morgan Cazenove reported on Lancashire Holdings Ltd(LON:LRE) raised the target price at 545.00GBX that 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% from the two hundred day moving average, compared with the S&P 500 which has decreased -0.01% over the same period. The company has logged a 50-day moving average of 630.18GBX and two hundred day average of 579.08GBX. Volume of trade was was up over the average, with 715,696 shares of LRE changing hands over the typical 446,678 shares.
Recent Performance Chart:
Lancashire Holdings Ltd has a price-earnings of 9 with a 52 week low of 467.00GBX and a 52 week high of 772.90GBX. LRE’s market cap is presently 0.0 GBX.
In addition to Citigroup reporting it’s price target, a total of 15 brokers have released a report on the company. The one year target price is 7.80GBX with three analysts rating the stock a strong buy, two analysts rating the company a buy, eight analyts rating the stock a hold, four brokerages rating the stock to underperform, and lastly 0 analystsrating the stock as sell.
General Information About 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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