Lancashire Holdings Limited (LRE) Upgraded to Equal weight by Barclays PLC

Barclays PLC upgraded shares of Lancashire Holdings Limited (LON:LRE) to an equal weight rating in a research note released on Wednesday. Barclays PLC currently has GBX 687 ($9.07) price target on the stock, up from their previous price target of GBX 631 ($8.33).

A number of other analysts have also recently issued reports on the stock. Peel Hunt reiterated an add rating and issued a GBX 725 ($9.57) target price on shares of Lancashire Holdings Limited in a research note on Monday, July 3rd. J P Morgan Chase & Co reiterated an underweight rating and issued a GBX 625 ($8.25) target price on shares of Lancashire Holdings Limited in a research note on Tuesday, September 12th. Numis Securities Ltd reiterated a hold rating and issued a GBX 775 ($10.23) target price on shares of Lancashire Holdings Limited in a research note on Thursday, July 27th. Credit Suisse Group started coverage on shares of Lancashire Holdings Limited in a research note on Tuesday, July 18th. They issued an underperform rating and a GBX 610 ($8.05) target price for the company. Finally, Shore Capital reiterated a buy rating on shares of Lancashire Holdings Limited in a research note on Thursday, July 27th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. Lancashire Holdings Limited has an average rating of Hold and an average price target of GBX 643.62 ($8.49).

Lancashire Holdings Limited (LON LRE) traded up 2.97% during trading on Wednesday, reaching GBX 710.50. 791,871 shares of the company’s stock were exchanged. Lancashire Holdings Limited has a 52 week low of GBX 608.00 and a 52 week high of GBX 775.00. The company’s 50 day moving average price is GBX 656.11 and its 200-day moving average price is GBX 688.11. The stock’s market capitalization is GBX 1.42 billion.

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Lancashire Holdings Limited Company Profile

Lancashire Holdings Limited is a holding company. The Company’s principal activity, through its subsidiaries, is the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Property, Energy, Marine, Aviation and Lloyd’s. It underwrites worldwide, insurance and reinsurance contracts that transfer insurance risk, including risks exposed to both natural and man-made catastrophes.

Analyst Recommendations for Lancashire Holdings Limited (LON:LRE)

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