Lancashire Holdings Limited (LON:LRE)‘s stock had its “underweight” rating reissued by investment analysts at Barclays PLC in a report released on Tuesday.
Other research analysts have also issued reports about the stock. Peel Hunt reaffirmed a “hold” rating and issued a GBX 585 ($7.31) price target on shares of Lancashire Holdings Limited in a research note on Wednesday, July 27th. Stockdale Securities lowered shares of Lancashire Holdings Limited to a “neutral” rating and set a GBX 670 ($8.37) target price on the stock. in a research note on Wednesday, September 14th. Canaccord Genuity lowered shares of Lancashire Holdings Limited to a “sell” rating and raised their target price for the stock from GBX 600 ($7.50) to GBX 680 ($8.50) in a research note on Friday, November 4th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 565 ($7.06) target price on shares of Lancashire Holdings Limited in a research note on Thursday, July 28th. Finally, Shore Capital reissued a “buy” rating on shares of Lancashire Holdings Limited in a research note on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 650.08 ($8.12).
Shares of Lancashire Holdings Limited (LON:LRE) traded down 0.39% on Tuesday, reaching GBX 637.50. The company had a trading volume of 361,215 shares. Lancashire Holdings Limited has a 1-year low of GBX 467.00 and a 1-year high of GBX 775.00. The stock’s market capitalization is GBX 1.27 billion. The company’s 50 day moving average price is GBX 699.68 and its 200-day moving average price is GBX 629.98.
The business also recently announced a dividend, which will be paid on Wednesday, December 14th. Investors of record on Thursday, November 17th will be issued a GBX 0.75 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, November 17th. This represents a yield of 7.94%.
In related news, insider Maloney ,Alex sold 60,614 shares of Lancashire Holdings Limited stock in a transaction that occurred on Tuesday, September 13th. The shares were sold at an average price of GBX 650 ($8.12), for a total value of £393,991 ($492,242.63).