Lancashire Holdings Ltd (LON:LRE) target price held steady at 590.00GBX, reported today by Peel Hunt
- Updated: October 2, 2016
Lancashire Holdings Ltd (LON:LRE) had its price target hold steady to 590.00GBX by Peel Hunt in an issued report announced 10/3/2016. The latest stock price target implies a possible downside of -0.13% based on the company's last stock close price.
Previously on 9/22/2016, Peel Hunt reported about Lancashire Holdings Ltd (LON:LRE) held steady the target price at 590.00GBX. At the time, this indicated a possible downside of -0.15%.
Just yesterday Lancashire Holdings Ltd (LON:LRE) traded 1.12% higher at 678.75GBX. The company’s 50-day moving average is 650.19GBX and its 200-day moving average is 588.41GBX. The last stock price is up 15.23% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 43,166 shares of LRE changing hands under the typical 356,685
With a total market value of 0 GBX, Lancashire Holdings Ltd has PE ratio of 9.16 with a 52 week low of 467.00GBX and a 52 week high of 772.90GBX .
Also covering Lancashire Holdings Ltd's stock price target, a total of 15 brokerages have issued a research note on Lancashire Holdings Ltd. The 12-month price target is 7.80GBX with 3 brokers rating the company a strong buy, two firms rating the stock a buy, 8 analysts rating the company a hold, four equity analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.
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 two Syndicates at Lloyd's.
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