Lancashire Holdings Limited (LRE) Stock Rating Reaffirmed by Shore Capital
Lancashire Holdings Limited (LON:LRE)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a research note issued to investors on Thursday.
Other equities analysts also recently issued reports about the company. Peel Hunt reaffirmed an “add” rating and set a GBX 760 ($10.03) price target on shares of Lancashire Holdings Limited in a research report on Wednesday, September 13th. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 625 ($8.25) price target on shares of Lancashire Holdings Limited in a research report on Tuesday, September 12th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 775 ($10.23) price target on shares of Lancashire Holdings Limited in a research report on Thursday, July 27th. Credit Suisse Group initiated coverage on Lancashire Holdings Limited in a research report on Tuesday, July 18th. They set an “underperform” rating and a GBX 610 ($8.05) price target on the stock. Finally, Barclays PLC reaffirmed an “underweight” rating and set a GBX 631 ($8.33) price target on shares of Lancashire Holdings Limited in a research report on Tuesday, September 19th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 648.62 ($8.56).
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About Lancashire Holdings Limited
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.
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