Peel Hunt disclosed Lancashire Holdings Ltd (LON:LRE), supporting its price target at 590.00GBX earlier today
- Updated: October 8, 2016
Having a price of 695.25GBX, Lancashire Holdings Ltd (LON:LRE) traded -0.72% lower on the day. With the last stock price up 16.32% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. LRE has recorded a 50-day average of 661.14GBX and a two hundred day average of 593.18GBX. Trade Volume was up over the average, with 375,942 shares of LRE changing hands over the typical 360,969
Reporting a potential downside of -0.15%, Peel Hunt hold steady the price target of Lancashire Holdings Ltd (LON:LRE) at 590.00GBX
With a total market value of 0 GBX, Lancashire Holdings Ltd has price-earnings ratio of 9.32 with a one year low of 467.00GBX and a one year high of 772.90GBX .
A total of 15 analysts have released a research note on Lancashire Holdings Ltd. Three analysts rating the company a strong buy, 2 brokers rating the stock a buy, 8 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target 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 two Syndicates at Lloyd's.
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