Lancashire (LON:LRE) Insider Buys 2,000 Shares

Lancashire Holdings Limited (LON:LRE) insider Bob Cox acquired 2,000 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were bought at an average price of GBX 582 per share, for a total transaction of £11,640.

Lancashire Trading Up 0.7%

Shares of Lancashire stock traded up GBX 4 on Monday, reaching GBX 592. The company had a trading volume of 424,321 shares, compared to its average volume of 1,413,656. The firm has a market cap of £1.43 billion, a price-to-earnings ratio of 6.43, a P/E/G ratio of 0.21 and a beta of 0.62. The company has a debt-to-equity ratio of 31.26, a current ratio of 33.62 and a quick ratio of 1.18. The firm’s 50-day moving average price is GBX 651.62 and its two-hundred day moving average price is GBX 617.95. Lancashire Holdings Limited has a 1 year low of GBX 505 and a 1 year high of GBX 700.

Wall Street Analysts Forecast Growth

LRE has been the topic of a number of analyst reports. Jefferies Financial Group cut their price objective on shares of Lancashire from GBX 820 to GBX 736 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Royal Bank Of Canada lifted their price target on shares of Lancashire from GBX 600 to GBX 625 and gave the stock an “underperform” rating in a research note on Thursday, November 6th. Berenberg Bank increased their price objective on shares of Lancashire from GBX 670 to GBX 700 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Peel Hunt restated a “hold” rating and set a GBX 645 target price on shares of Lancashire in a research report on Wednesday, November 5th. Finally, Citigroup increased their price target on Lancashire from GBX 696 to GBX 725 and gave the stock a “buy” rating in a report on Thursday, November 6th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 686.20.

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.