Lancashire (LRE) Given Under Review Rating at Shore Capital

Lancashire (LON:LRE)‘s stock had its “under review” rating reaffirmed by analysts at Shore Capital in a note issued to investors on Monday.

A number of other brokerages have also recently weighed in on LRE. Peel Hunt restated an “add” rating on shares of Lancashire in a research note on Monday, September 24th. Berenberg Bank upgraded shares of Lancashire to a “hold” rating and set a GBX 600 ($7.82) price target on the stock in a research report on Wednesday, August 22nd. Barclays boosted their price target on shares of Lancashire from GBX 667 ($8.69) to GBX 693 ($9.03) and gave the stock an “equal weight” rating in a research report on Friday, September 7th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 720 ($9.38) price target on shares of Lancashire in a research report on Thursday, September 6th. Finally, Numis Securities upgraded shares of Lancashire to a “buy” rating in a research report on Thursday, July 26th. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 695.17 ($9.06).

Shares of LON LRE opened at GBX 555 ($7.23) on Monday. Lancashire has a fifty-two week low of GBX 542.50 ($7.07) and a fifty-two week high of GBX 773.50 ($10.08).

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 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.

See Also: Investing in Growth Stocks

Analyst Recommendations for Lancashire (LON:LRE)

Receive News & Ratings for Lancashire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply