Lancashire (LON:LRE) Insider Purchases £10,993.50 in Stock

Lancashire Holdings Limited (LON:LRE) insider Philip Broadley bought 1,745 shares of Lancashire stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average cost of GBX 630 per share, for a total transaction of £10,993.50.

Lancashire Price Performance

Lancashire stock opened at GBX 619.50 on Wednesday. The firm has a market capitalization of £1.51 billion, a P/E ratio of 4.80, a price-to-earnings-growth ratio of 0.21 and a beta of 0.46. Lancashire Holdings Limited has a 1-year low of GBX 549 and a 1-year high of GBX 700. The company’s 50-day moving average is GBX 622.69 and its 200 day moving average is GBX 616.39.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Royal Bank Of Canada reduced their price target on shares of Lancashire from GBX 580 to GBX 560 and set an “underperform” rating on the stock in a research note on Thursday, July 30th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 700 target price on shares of Lancashire in a research report on Thursday, July 30th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 698 price target on shares of Lancashire in a research note on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 664.33.

About Lancashire

Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, Australia, and the United States. The company operates through two segments, Reinsurance and Insurance. It offers property direct and facultative, property political risk and sovereign risk, and property terrorism and political violence insurance products; and aviation AV52, aviation consortium, airline hull and liability, and satellite insurance products. The company also provides Marine Builders Risk, marine hull, total loss and war, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder's risks; and energy insurance products covering upstream operational, downstream and onshore operational, and upstream construction all risks business.