Peel Hunt reiterated their hold rating on shares of Lancashire (LON:LRE) in a research note published on Thursday, ThisIsMoney.Co.Uk reports.
LRE has been the topic of several other research reports. Numis Securities upgraded Royal Bank of Scotland Group from an add rating to a buy rating in a report on Wednesday, May 1st. Shore Capital lowered Informa to a hold rating in a report on Friday, May 24th. UBS Group upgraded to a neutral rating and lifted their price target for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a report on Thursday, June 20th. Barclays lifted their price target on Stanley Black & Decker from $135.00 to $145.00 and gave the stock an overweight rating in a report on Wednesday, April 3rd. Finally, Royal Bank of Canada assumed coverage on Avantor in a report on Tuesday, June 11th. They set an outperform rating and a $22.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 696.11 ($9.10).
Shares of LRE stock opened at GBX 692.50 ($9.05) on Thursday. The company has a fifty day moving average price of GBX 703.91. The company has a quick ratio of 0.87, a current ratio of 1.28 and a debt-to-equity ratio of 30.42. The stock has a market cap of $1.40 billion and a price-to-earnings ratio of 37.03. Lancashire has a fifty-two week low of GBX 505 ($6.60) and a fifty-two week high of GBX 731 ($9.55).
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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