Lancashire Holdings Limited’s (LRE) “Underweight” Rating Reiterated at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their underweight rating on shares of Lancashire Holdings Limited (LON:LRE) in a research report released on Tuesday morning. The brokerage currently has a GBX 625 ($8.22) price target on the stock.

Several other equities analysts have also weighed in on LRE. Peel Hunt cut their price objective on shares of Lancashire Holdings Limited from GBX 760 ($9.99) to GBX 690 ($9.07) and set an add rating on the stock in a research report on Friday, September 29th. Shore Capital reaffirmed a buy rating on shares of Lancashire Holdings Limited in a research report on Monday. Barclays PLC reissued an underweight rating and issued a GBX 631 ($8.30) price target on shares of Lancashire Holdings Limited in a research report on Tuesday, September 19th. Morgan Stanley began coverage on shares of Lancashire Holdings Limited in a research report on Tuesday, July 25th. They issued an equal weight rating and a GBX 630 ($8.28) price target on the stock. Finally, Credit Suisse Group began coverage on shares of Lancashire Holdings Limited in a research report on Tuesday, July 18th. They issued an underperform rating and a GBX 610 ($8.02) price target on the stock. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 639.67 ($8.41).

Shares of Lancashire Holdings Limited (LON:LRE) opened at 675.00 on Tuesday. The firm’s market cap is GBX 1.35 billion. The stock has a 50 day moving average of GBX 660.36 and a 200 day moving average of GBX 687.75. Lancashire Holdings Limited has a 52-week low of GBX 608.00 and a 52-week high of GBX 775.00.

ILLEGAL ACTIVITY NOTICE: “Lancashire Holdings Limited’s (LRE) “Underweight” Rating Reiterated at J P Morgan Chase & Co” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation.

Several other equities analysts have also weighed in on LRE. Peel Hunt cut their price objective on shares of Lancashire Holdings Limited from GBX 760 ($9.99) to GBX 690 ($9.07) and set an add rating on the stock in a research report on Friday, September 29th. Shore Capital reaffirmed a buy rating on shares of Lancashire Holdings Limited in a research report on Monday. Barclays PLC reissued an underweight rating and issued a GBX 631 ($8.30) price target on shares of Lancashire Holdings Limited in a research report on Tuesday, September 19th. Morgan Stanley began coverage on shares of Lancashire Holdings Limited in a research report on Tuesday, July 25th. They issued an equal weight rating and a GBX 630 ($8.28) price target on the stock. Finally, Credit Suisse Group began coverage on shares of Lancashire Holdings Limited in a research report on Tuesday, July 18th. They issued an underperform rating and a GBX 610 ($8.02) price target on the stock. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 639.67 ($8.41).

Shares of Lancashire Holdings Limited (LON:LRE) opened at 675.00 on Tuesday. The firm’s market cap is GBX 1.35 billion. The stock has a 50 day moving average of GBX 660.36 and a 200 day moving average of GBX 687.75. Lancashire Holdings Limited has a 52-week low of GBX 608.00 and a 52-week high of GBX 775.00.

ILLEGAL ACTIVITY NOTICE: “Lancashire Holdings Limited’s (LRE) “Underweight” Rating Reiterated at J P Morgan Chase & Co” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://ledgergazette.com/2017/10/13/lancashire-holdings-limiteds-lre-underweight-rating-reiterated-at-j-p-morgan-chase-co.html.

Lancashire Holdings Limited Company Profile

Lancashire Holdings Limited is a holding company. The Company’s principal activity, through its subsidiaries, is the provision of global specialty insurance and reinsurance products. The Company operates through five segments: Property, Energy, Marine, Aviation and Lloyd’s. It underwrites worldwide, insurance and reinsurance contracts that transfer insurance risk, including risks exposed to both natural and man-made catastrophes.

Analyst Recommendations for Lancashire Holdings Limited (LON:LRE)

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