Lancashire Holdings Limited (LON:LRE) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: Seven brokers give Lancashire (LON:LRE) an overall Hold recommendation (1 sell, 3 hold, 3 buy) with an average 12‑month target price of GBX 670.17.
• Shares opened at GBX 602, have a 1‑year range of GBX 543–700, market capitalization of £1.46bn, and relatively low valuation metrics (PE 5.15, PEG 0.21).
• Lancashire is a specialty insurance and reinsurance group operating in London, Bermuda, Australia and the U.S., offering property, aviation, marine and energy insurance products across its Reinsurance and Insurance segments.

Lancashire Holdings Limited (LON:LRE - Get Free Report) has received a consensus recommendation of "Hold" from the seven ratings firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 670.17.

LRE has been the topic of several recent research reports. Jefferies Financial Group decreased their price objective on Lancashire from GBX 736 to GBX 668 and set a "buy" rating on the stock in a report on Tuesday, March 10th. The Goldman Sachs Group decreased their price objective on Lancashire from GBX 763 to GBX 658 and set a "buy" rating on the stock in a report on Wednesday, January 21st.

Lancashire Price Performance

Shares of LON:LRE opened at GBX 602 on Friday. Lancashire has a 1-year low of GBX 543 and a 1-year high of GBX 700. The firm has a market capitalization of £1.46 billion, a PE ratio of 5.15, a PEG ratio of 0.21 and a beta of 0.48. The business's 50 day moving average is GBX 621.44 and its 200-day moving average is GBX 625.47. The company has a current ratio of 711.51, a quick ratio of 1.18 and a debt-to-equity ratio of 31.62.

Lancashire Company Profile

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. The company also provides Marine Builders Risk, marine hull, total loss and war, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks; and energy insurance products covering upstream operational, downstream and onshore operational, and upstream construction all risks business.

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