Lancashire Holdings Limited (LON:LRE) Receives Consensus Rating of “Moderate Buy” from Analysts

Lancashire Holdings Limited (LON:LREGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 738.33 ($9.40).

A number of brokerages recently issued reports on LRE. Berenberg Bank reiterated a “buy” rating and issued a GBX 800 ($10.18) price target on shares of Lancashire in a research note on Friday, March 8th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 750 ($9.55) price objective on shares of Lancashire in a research report on Thursday, March 7th.

Check Out Our Latest Stock Report on Lancashire

Lancashire Trading Down 0.2 %

Shares of LRE stock opened at GBX 629 ($8.01) on Friday. The company has a debt-to-equity ratio of 31.25, a quick ratio of 1.18 and a current ratio of 1.62. The stock has a market capitalization of £1.50 billion, a P/E ratio of 610.68, a price-to-earnings-growth ratio of 0.21 and a beta of 0.59. The company has a 50 day moving average price of GBX 626.40 and a 200 day moving average price of GBX 612.67. Lancashire has a fifty-two week low of GBX 518.50 ($6.60) and a fifty-two week high of GBX 690 ($8.78).

Lancashire Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 7th. Shareholders of record on Thursday, May 9th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a yield of 5.86%. Lancashire’s dividend payout ratio is currently 1,553.40%.

Lancashire Company Profile

(Get Free Report

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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Analyst Recommendations for Lancashire (LON:LRE)

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