Lancashire Holdings Limited (LON:LRE) insider Peter Clarke acquired 30,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was purchased at an average price of GBX 746 ($9.81) per share, with a total value of £223,800 ($294,357.49).
Shares of Lancashire Holdings Limited (LRE) opened at GBX 719.50 ($9.46) on Wednesday. Lancashire Holdings Limited has a 52-week low of GBX 608 ($8.00) and a 52-week high of GBX 773.50 ($10.17).
LRE has been the subject of a number of research analyst reports. Peel Hunt reiterated an “add” rating and issued a GBX 760 ($10.00) target price on shares of Lancashire Holdings Limited in a research note on Thursday, September 7th. Morgan Stanley started coverage on shares of Lancashire Holdings Limited in a report on Tuesday, July 25th. They issued an “equal weight” rating and a GBX 630 ($8.29) price target on the stock. Barclays PLC raised shares of Lancashire Holdings Limited to an “equal weight” rating and raised their target price for the stock from GBX 631 ($8.30) to GBX 687 ($9.04) in a report on Wednesday, October 25th. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 625 ($8.22) target price on shares of Lancashire Holdings Limited in a report on Tuesday, September 12th. Finally, Shore Capital reiterated a “buy” rating on shares of Lancashire Holdings Limited in a research report on Monday, October 9th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company’s stock. Lancashire Holdings Limited presently has a consensus rating of “Hold” and an average price target of GBX 679.31 ($8.93).
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.
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