Shares of Lancashire Holdings Limited (OTCMKTS:LCSHF) have been assigned an average recommendation of “Buy” from the twelve ratings firms that are presently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $8.60.
LCSHF has been the topic of a number of recent research reports. Credit Suisse Group reissued an “outperform” rating on shares of Lancashire in a report on Thursday, October 28th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Lancashire in a report on Monday, August 9th. HSBC cut Lancashire from a “buy” rating to a “hold” rating in a report on Friday, July 30th. The Goldman Sachs Group began coverage on Lancashire in a report on Wednesday, August 25th. They set a “neutral” rating on the stock. Finally, Barclays reaffirmed an “overweight” rating on shares of Lancashire in a report on Friday, October 22nd.
OTCMKTS LCSHF remained flat at $$6.85 during trading hours on Thursday. The stock has a fifty day moving average of $7.47 and a two-hundred day moving average of $8.46. Lancashire has a 1 year low of $6.85 and a 1 year high of $10.20.
Lancashire Holdings Ltd. engages in the provision of insurance and reinsurance products. It operates through the following segments: Property, Energy, Marine, Aviation and Lancashire Syndicate. The company was founded on October 12, 2005 and is headquartered in Hamilton, Bermuda.
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