Key Points
- Insider Bob Cox purchased 2,000 Lancashire shares on 14 November at GBX 582 each, a total transaction of £11,640.
- Analysts are mixed and the consensus rating is a Hold with an average price target of GBX 686.20 (two Buy, three Hold, one Sell); recent target changes include Berenberg to GBX 700, Citigroup to GBX 725 and Jefferies cutting to GBX 736.
- Key financials: market cap £1.43bn, P/E 6.43, 52‑week range GBX 505–700 and a 50‑day moving average of about GBX 651.64.
Lancashire Holdings Limited (LON:LRE - Get Free Report) insider Bob Cox purchased 2,000 shares of the business's stock in a transaction that occurred on Friday, November 14th. The stock was bought at an average cost of GBX 582 per share, for a total transaction of £11,640.
Lancashire Price Performance
LRE opened at GBX 592 on Tuesday. Lancashire Holdings Limited has a fifty-two week low of GBX 505 and a fifty-two week high of GBX 700. The firm has a 50-day moving average of GBX 651.64 and a 200 day moving average of GBX 618.08. The company has a debt-to-equity ratio of 31.26, a quick ratio of 1.18 and a current ratio of 33.62. The firm has a market cap of £1.43 billion, a P/E ratio of 6.43, a PEG ratio of 0.21 and a beta of 0.62.
Analyst Ratings Changes
A number of research analysts have recently weighed in on LRE shares. Berenberg Bank increased their target price on shares of Lancashire from GBX 670 to GBX 700 and gave the company a "hold" rating in a research report on Wednesday, November 5th. Royal Bank Of Canada upped their price objective on Lancashire from GBX 600 to GBX 625 and gave the company an "underperform" rating in a research note on Thursday, November 6th. Peel Hunt reissued a "hold" rating and set a GBX 645 price objective on shares of Lancashire in a report on Wednesday, November 5th. Jefferies Financial Group decreased their target price on Lancashire from GBX 820 to GBX 736 and set a "buy" rating for the company in a research report on Wednesday, November 12th. Finally, Citigroup boosted their target price on Lancashire from GBX 696 to GBX 725 and gave the company a "buy" rating in a research note on Thursday, November 6th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of GBX 686.20.
View Our Latest Stock Report on LRE
About Lancashire
(
Get Free Report)
Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.
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