Lancashire (LRE) Stock Rating Reaffirmed by Peel Hunt

Lancashire (LON:LRE)‘s stock had its “add” rating reissued by stock analysts at Peel Hunt in a research note issued on Wednesday.

A number of other equities analysts have also weighed in on LRE. UBS Group reiterated a “buy” rating on shares of Lancashire in a research report on Friday, October 26th. Barclays dropped their target price on shares of Lancashire from GBX 693 ($9.06) to GBX 636 ($8.31) and set an “equal weight” rating for the company in a research report on Friday, October 12th. Numis Securities upgraded shares of Lancashire to a “buy” rating in a research report on Thursday, July 26th. Berenberg Bank upgraded shares of Lancashire to a “hold” rating and set a GBX 600 ($7.84) target price for the company in a research report on Wednesday, August 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Lancashire from GBX 650 ($8.49) to GBX 725 ($9.47) and gave the stock a “neutral” rating in a research report on Tuesday, October 9th. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Lancashire currently has a consensus rating of “Hold” and a consensus target price of GBX 678.46 ($8.87).

Shares of LRE traded up GBX 8 ($0.10) during mid-day trading on Wednesday, reaching GBX 618.50 ($8.08). The stock had a trading volume of 129,440 shares, compared to its average volume of 1,020,000. Lancashire has a 12 month low of GBX 542.50 ($7.09) and a 12 month high of GBX 773.50 ($10.11).

About Lancashire

Lancashire Holdings Limited provides specialty insurance and reinsurance products worldwide. The company operates through five segments: Property, Energy, Marine, Aviation, and Lloyd's. It offers aviation insurance solutions; coverage for upstream operational and construction all risks related to wind, earthquakes, and floods, as well as standalone business interruption coverage; and a range of coverages in marine portfolio, including marine hull, total loss only, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks to high-profile accounts, cruise vessels, and liquid natural gas carriers.

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Analyst Recommendations for Lancashire (LON:LRE)

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