Lancashire Holdings Limited (OTCMKTS:LCSHF – Get Rating) has received an average rating of “Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $676.67.
Several brokerages have recently issued reports on LCSHF. Credit Suisse Group lifted their price target on Lancashire from GBX 800 ($10.42) to GBX 815 ($10.62) in a report on Wednesday, February 16th. Jefferies Financial Group initiated coverage on Lancashire in a report on Tuesday, March 22nd. They set a “buy” rating for the company. Morgan Stanley reduced their target price on Lancashire from GBX 514 ($6.70) to GBX 434 ($5.66) in a report on Tuesday, April 5th. Royal Bank of Canada initiated coverage on Lancashire in a report on Thursday, March 3rd. They issued an “outperform” rating for the company. Finally, Barclays reduced their target price on Lancashire from GBX 790 ($10.29) to GBX 781 ($10.18) in a report on Friday, January 21st.
Shares of Lancashire stock opened at $5.60 on Friday. Lancashire has a 52-week low of $4.40 and a 52-week high of $10.20. The stock has a 50-day simple moving average of $5.78 and a 200-day simple moving average of $6.64.
About Lancashire (Get Rating)
Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, and Australia. The company operates through five segments: Property and Casualty Reinsurance, Property and Casualty Insurance, Aviation, Energy, and Marine. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products, as well as property reinsurance services; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products.
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