JPMorgan Chase & Co. reiterated their neutral rating on shares of Lancashire (LON:LRE - Free Report) in a report released on Friday, MarketBeat reports.
Other research analysts have also issued reports about the stock. Berenberg Bank started coverage on shares of Lancashire in a report on Thursday, May 29th. They issued a "hold" rating and a GBX 670 ($8.99) price objective for the company. Citigroup reduced their price target on shares of Lancashire from GBX 709 ($9.51) to GBX 656 ($8.80) and set a "buy" rating on the stock in a research report on Thursday, July 10th.
Check Out Our Latest Analysis on Lancashire
Lancashire Price Performance
LRE stock traded up GBX 1 ($0.01) during midday trading on Friday, reaching GBX 627 ($8.41). The company had a trading volume of 18,220,941 shares, compared to its average volume of 1,350,962. The company has a debt-to-equity ratio of 31.26, a current ratio of 33.62 and a quick ratio of 1.18. Lancashire has a 1 year low of GBX 505 ($6.77) and a 1 year high of GBX 721 ($9.67). The company has a market capitalization of £1.89 billion, a P/E ratio of 11.94, a P/E/G ratio of 0.21 and a beta of 0.62. The firm has a 50-day moving average price of GBX 590.59 and a 200-day moving average price of GBX 595.99.
Insider Transactions at Lancashire
In other news, insider Sally Williams bought 868 shares of Lancashire stock in a transaction on Tuesday, June 17th. The stock was acquired at an average cost of GBX 575 ($7.71) per share, for a total transaction of £4,991 ($6,694.84). Also, insider Philip Broadley bought 1,800 shares of Lancashire stock in a transaction on Friday, May 2nd. The stock was purchased at an average price of GBX 583 ($7.82) per share, with a total value of £10,494 ($14,076.46). Insiders own 0.64% of the company's stock.
Lancashire Company Profile
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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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