Lancashire’s (LRE) Under Review Rating Reiterated at Shore Capital

Lancashire (LON:LRE)‘s stock had its “under review” rating reiterated by Shore Capital in a research report issued on Thursday.

A number of other research analysts also recently weighed in on LRE. Peel Hunt reiterated an “add” rating on shares of Lancashire in a report on Thursday. Royal Bank of Canada reduced their target price on Lancashire from GBX 725 ($9.47) to GBX 700 ($9.15) and set an “outperform” rating on the stock in a report on Thursday, February 7th. Numis Securities reduced their target price on Lancashire from GBX 735 ($9.60) to GBX 705 ($9.21) and set a “buy” rating on the stock in a report on Tuesday, February 5th. JPMorgan Chase & Co. upped their target price on Lancashire from GBX 570 ($7.45) to GBX 580 ($7.58) and gave the stock a “neutral” rating in a report on Tuesday, February 5th. Finally, Barclays reduced their target price on Lancashire from GBX 623 ($8.14) to GBX 618 ($8.08) and set an “equal weight” rating on the stock in a report on Monday, January 21st. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Lancashire presently has an average rating of “Buy” and a consensus target price of GBX 650.33 ($8.50).

Shares of LON:LRE opened at GBX 610 ($7.97) on Thursday. Lancashire has a 1 year low of GBX 542.50 ($7.09) and a 1 year high of GBX 773.50 ($10.11).

About Lancashire

Lancashire Holdings Limited provides specialty insurance and reinsurance products worldwide. The company operates through five segments: Property, Energy, Marine, Aviation, and Lloyd's. 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 builder's risks to high-profile accounts, cruise vessels, and liquid natural gas carriers.

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