Peel Hunt disclosed Lancashire Holdings Ltd (LON:LRE), supporting its price target at 590.00GBX earlier today
- Updated: September 24, 2016
Boasting a price of 696.50GBX, Lancashire Holdings Ltd (LON:LRE) traded -1.59% lower on the day. With the last close up 16.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Lancashire Holdings Ltd has recorded a 50-day average of 641.92GBX and a two hundred day average of 583.13GBX. Trade Volume was down over the average, with 270,578 shares of LRE changing hands under the typical 401,854
Indicating as possible downside of -0.15%, Peel Hunt hold steady the target of Lancashire Holdings Ltd (LON:LRE) at 590.00GBX
On 9/15/2016, Peel Hunt released a statement on Lancashire Holdings Ltd (LON:LRE) maintained the target price at 590.00GBX that suggested a downside of -0.11%.
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Lancashire Holdings Ltd has a 52 week low of 467.00GBX and a 52 week high of 772.90GBX with a P/E ratio of 9.20 The company’s market cap is currently 0 GBX.
In addition to Peel Hunt reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The consensus target price is 7.80GBX with three analysts rating the company a strong buy, two brokerages rating the company a buy, eight analysts rating the company a hold, 4 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
More 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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