Philip Broadley Purchases 4,700 Shares of Lancashire (LON:LRE) Stock

Key Points

• Insider Philip Broadley purchased 4,700 shares of Lancashire Holdings at an average price of GBX 637 per share, totaling £29,939.
• Lancashire's stock saw a 0.2% decrease recently, trading at GBX 646 with a market capitalization of £1.56 billion.
• Analyst ratings for Lancashire include a consensus of "Hold" with a target price around GBX 690.25, indicating mixed sentiment among analysts.

Lancashire Holdings Limited (LON:LRE - Get Free Report) insider Philip Broadley acquired 4,700 shares of the business's stock in a transaction on Thursday, September 18th. The shares were purchased at an average price of GBX 637 per share, for a total transaction of £29,939.

Lancashire Stock Down 0.2%

LON LRE traded down GBX 1 on Friday, hitting GBX 646. 1,047,939 shares of the stock traded hands, compared to its average volume of 1,274,714. The company has a current ratio of 33.62, a quick ratio of 1.18 and a debt-to-equity ratio of 31.26. The stock has a 50-day moving average of GBX 616.42 and a 200 day moving average of GBX 593.03. The company has a market capitalization of £1.56 billion, a P/E ratio of 702.17, a price-to-earnings-growth ratio of 0.21 and a beta of 0.62. Lancashire Holdings Limited has a twelve month low of GBX 505 and a twelve month high of GBX 721.

Analyst Upgrades and Downgrades

LRE has been the topic of several analyst reports. JPMorgan Chase & Co. restated a "neutral" rating on shares of Lancashire in a research report on Friday, July 18th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 750 price target on shares of Lancashire in a research report on Thursday, August 7th. Peel Hunt cut shares of Lancashire to a "hold" rating and raised their price target for the stock from GBX 630 to GBX 645 in a research note on Thursday, August 21st. Berenberg Bank reiterated a "hold" rating and issued a GBX 670 target price on shares of Lancashire in a research note on Thursday, August 7th. Finally, Citigroup boosted their price objective on shares of Lancashire from GBX 656 to GBX 696 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Lancashire presently has an average rating of "Hold" and an average target price of GBX 690.25.

About Lancashire

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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