Peel Hunt disclosed Lancashire Holdings Ltd (LON:LRE), supporting its price target at 590.00GBX earlier today
- Updated: October 9, 2016
Having a price of 694.50GBX, Lancashire Holdings Ltd (LON:LRE) traded 0.65% higher on the day. With the last stock price up 17.08% 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 down over the average, with 81,387 shares of LRE changing hands under 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
On 10/6/2016, Peel Hunt released a statement about Lancashire Holdings Ltd (LON:LRE) maintained the target price at 590.00GBX that suggested a downside of -0.15%.
Recent Performance Chart
Lancashire Holdings Ltd has 52 week low of 467.00GBX and a 52 week high of 772.90GBX with a P/E ratio of 9.39 and has a market cap of 0 GBX.
In addition to Peel Hunt reporting its target price, a total of 15 firms have issued a report on the stock. The consensus target price is 7.80GBX with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 8 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 0 firms rating the stock a 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 two Syndicates at Lloyd's.
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