Saturday, October 11, 2014

Shares of Lancashire Holdings Limited ( LON:LRE ) traded down 0.08% during mid-day trading on Monday

Lancashire Holdings poste restante Limited Given “Overweight” Rating at HSBC (LRE) - Mideast Time
HSBC reissued their overweight rating on shares poste restante of Lancashire Holdings Limited (LON:LRE) in a research report released on Monday morning. HSBC currently poste restante has a GBX 800 ($13.00) price objective on the stock.
HSBC has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of Barrick Gold Co. from a neutral rating to an overweight rating. The firm now has a $18.50 price target on that stock, up previously from $18.10. Also, HSBC upgraded shares of Portugal Telecom, SGPS (ADR) from an underweight rating to a neutral rating.
LRE has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an add rating on shares of Lancashire Holdings Limited in a research note on Monday, September 22nd. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of Lancashire Holdings Limited in a research note on Friday, September 19th. Finally, analysts poste restante at JPMorgan Chase & Co. reiterated a neutral rating on shares of Lancashire Holdings Limited in a research note on Tuesday, September 16th. They now have a GBX 710 ($11.53) price target on the stock. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. Lancashire Holdings Limited presently has an average rating poste restante of Hold and an average target price of GBX 736.50 ($11.96).
Shares of Lancashire Holdings Limited ( LON:LRE ) traded down 0.08% during mid-day trading on Monday, hitting GBX 626.00. 56,173 shares of the company’s stock traded hands. Lancashire Holdings Limited has a one year low of GBX 584.92 and a one year high of GBX 821.00. The stock has a 50-day moving average of GBX 615.6 and a 200-day moving average of GBX 648.7. The company’s market cap is £1.169 billion.
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