Morgan Stanley assumed coverage on shares of Lancashire Holdings Limited (LON:LRE) in a research report released on Tuesday, July 25th, Marketbeat reports. The brokerage issued an equal weight rating and a GBX 630 ($8.31) target price on the stock.
A number of other research firms also recently issued reports on LRE. Peel Hunt reissued an add rating on shares of Lancashire Holdings Limited in a research report on Sunday, June 11th. Credit Suisse Group initiated coverage on Lancashire Holdings Limited in a research report on Tuesday, July 18th. They issued an underperform rating and a GBX 610 ($8.05) target price for the company. Macquarie reissued an underperform rating and issued a GBX 530 ($6.99) target price on shares of Lancashire Holdings Limited in a research report on Tuesday, April 4th. Numis Securities Ltd reiterated a hold rating and issued a GBX 775 ($10.22) price target on shares of Lancashire Holdings Limited in a research report on Thursday, May 4th. Finally, Shore Capital reiterated a buy rating on shares of Lancashire Holdings Limited in a research report on Thursday, May 4th. Five analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. Lancashire Holdings Limited has a consensus rating of Hold and an average target price of GBX 650.85 ($8.59).
Shares of Lancashire Holdings Limited (LON:LRE) traded down 0.47% on Tuesday, reaching GBX 734.50. The company’s stock had a trading volume of 131,492 shares. The stock’s market cap is GBX 1.47 billion. Lancashire Holdings Limited has a 52-week low of GBX 581.43 and a 52-week high of GBX 775.00. The firm’s 50 day moving average is GBX 716.39 and its 200-day moving average is GBX 693.59.
The firm also recently announced a dividend, which will be paid on Wednesday, September 6th. Investors of record on Thursday, August 10th will be given a dividend of $0.05 per share. This represents a yield of 0.52%. The ex-dividend date of this dividend is Thursday, August 10th.
Lancashire Holdings Limited Company Profile
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.
Receive News & Ratings for Lancashire Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lancashire Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.
