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Shore Capital reiterated Lancashire Holdings Ltd (LON:LRE) to Buy in a report released today.

Shore Capital has reiterated Lancashire Holdings Ltd (LON:LRE) to Buy in a report released on 10/5/2016.

Previously on 10/03/2016, 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 -0.13%.

Yesterday Lancashire Holdings Ltd (LON:LRE) traded -0.72% lower at 696.50GBX. The company’s 50-day moving average is 661.14GBX and its 200-day moving average is 593.18GBX. The last stock close price is up 16.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 375,942 shares of the stock were exchanged, up from an average trading volume of 360,969

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Lancashire Holdings Ltd (LON:LRE)

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 9.32 The company’s market cap is currently 0 GBX.

In addition to Shore Capital 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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