Lancashire Holdings Limited 23.5% potential upside indicated by Jefferies

Lancashire Holdings Limited with ticker (LON:LRE) now has a potential upside of 23.5% according to Jefferies.



Jefferies set a target price of 795 GBX for the company, which when compared to the Lancashire Holdings Limited share price of 644 GBX at opening today (22/11/2023) indicates a potential upside of 23.5%. Trading has ranged between 503 (52 week low) and 690 (52 week high) with an average of 967,231 shares exchanging hands daily. The market capitalisation at the time of writing is £1,599,485,550.

Lancashire Holdings Limited is a provider of global specialty insurance and reinsurance products with operations in London, Bermuda, and Australia. It operates through two segments: reinsurance and insurance. The reinsurance segment contains casualty reinsurance, property reinsurance and specialty reinsurance. Casualty reinsurance comprises casualty, professional and financial lines, and accident and health reinsurance. Property reinsurance comprises its catastrophe exposed reinsurance classes as well as its excess of loss risk and other property treaty portfolios. Specialty reinsurance comprises its reinsurance offering for classes, such as aviation, marine and energy, as well as its property retrocession portfolio. The insurance segment includes aviation insurance, casualty insurance, energy and marine insurance, property insurance and specialty insurance. Casualty insurance comprises its accident and health insurance sub-class and a small amount of professional lines insurance.