Why Peel Hunt Has Just Restated Their “Add” Rating For Lancashire Holdings Ltd (LON:LRE) Shares

September 8, 2018 - By Richard Slagle

Lancashire Holdings Limited (LON:LRE) Logo

Lancashire Holdings Ltd (LON:LRE) Rating Reaffirmed

This Morning, Thursday, 6 September, Lancashire Holdings Ltd (LON:LRE)‘s “Add” rating was reiterated by Analysts at Peel Hunt in an analyst note.

Lancashire Holdings Limited (LON:LRE) Ratings Coverage

Among 8 analysts covering Lancashire Holdings Ltd (LON:LRE), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Lancashire Holdings Ltd has GBX 720 highest and GBX 580 lowest target. GBX 670.75’s average target is 12.73% above currents GBX 595 stock price. Lancashire Holdings Ltd had 16 analyst reports since April 25, 2018 according to SRatingsIntel. The company was maintained on Friday, June 29 by Peel Hunt. Peel Hunt maintained the shares of LRE in report on Monday, April 30 with “Add” rating. The firm has “Add” rating by Peel Hunt given on Tuesday, July 24. The rating was maintained by HSBC on Wednesday, May 9 with “Buy”. The stock of Lancashire Holdings Limited (LON:LRE) has “Neutral” rating given on Wednesday, April 25 by Citigroup. The firm has “Add” rating by Peel Hunt given on Thursday, July 26. Credit Suisse maintained Lancashire Holdings Limited (LON:LRE) on Friday, May 4 with “Neutral” rating. Barclays Capital maintained the stock with “Equal Weight” rating in Friday, September 7 report. The rating was maintained by Peel Hunt with “Add” on Thursday, May 3. The rating was maintained by Peel Hunt with “Add” on Thursday, September 6.

The stock decreased 0.75% or GBX 4.5 during the last trading session, reaching GBX 595. About 290,367 shares traded. Lancashire Holdings Limited (LON:LRE) has 0.00% since September 8, 2017 and is . It has underperformed by 12.57% the S&P500.

Lancashire Holdings Limited provides specialty insurance and reinsurance products worldwide. The company has market cap of 1.19 billion GBP. The firm operates through five divisions: Property, Energy, Marine, Aviation, and LloydÂ’s. It currently has negative earnings. 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 builderÂ’s risks to high-profile accounts, cruise vessels, and liquid natural gas carriers.

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