Peel Hunt reissued their hold rating on shares of Lancashire (LON:LRE) in a report published on Thursday, ThisIsMoney.Co.Uk reports.

Several other brokerages also recently weighed in on LRE. Barclays reduced their price target on shares of Lancashire from GBX 731 ($9.55) to GBX 727 ($9.50) and set an equal weight rating for the company in a research report on Tuesday, September 3rd. Royal Bank of Canada raised their price target on shares of Lancashire from GBX 725 ($9.47) to GBX 750 ($9.80) and gave the company an outperform rating in a research report on Tuesday, June 11th. Shore Capital reissued a hold rating on shares of Lancashire in a research report on Thursday, July 25th. Berenberg Bank reduced their price target on shares of Lancashire from GBX 742 ($9.70) to GBX 697 ($9.11) and set a buy rating for the company in a research report on Wednesday, June 12th. Finally, UBS Group reissued a buy rating and set a GBX 760 ($9.93) price target (up previously from GBX 745 ($9.73)) on shares of Lancashire in a research report on Friday, July 26th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of GBX 704 ($9.20).

Shares of LRE opened at GBX 722 ($9.43) on Thursday. The company has a market capitalization of $1.46 billion and a P/E ratio of 7,220.00. The company has a quick ratio of 1.48, a current ratio of 2.19 and a debt-to-equity ratio of 31.04. The firm has a 50 day moving average of GBX 698.69 and a 200 day moving average of GBX 684.49. Lancashire has a twelve month low of GBX 505 ($6.60) and a twelve month high of GBX 732 ($9.56).

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 8th were given a $0.05 dividend. This represents a yield of 0.56%. The ex-dividend date of this dividend was Thursday, August 8th. Lancashire’s dividend payout ratio (DPR) is presently 80.00%.

In related news, insider Sally Williams bought 1,414 shares of the business’s stock in a transaction on Friday, July 26th. The stock was acquired at an average price of GBX 709 ($9.26) per share, with a total value of £10,025.26 ($13,099.78). Also, insider Alex Maloney sold 19,259 shares of Lancashire stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of GBX 703 ($9.19), for a total transaction of £135,390.77 ($176,912.02).

Lancashire Company Profile

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 coverage 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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