Lancashire Holdings Limited 30.3% potential upside indicated by Berenberg Bank

Lancashire Holdings Limited with ticker (LON:LRE) now has a potential upside of 30.3% according to Berenberg Bank.



Berenberg Bank set a target price of 800 GBX for the company, which when compared to the Lancashire Holdings Limited share price of 614 GBX at opening today (14/03/2024) indicates a potential upside of 30.3%. Trading has ranged between 503 (52 week low) and 690 (52 week high) with an average of 734,611 shares exchanging hands daily. The market capitalisation at the time of writing is £1,494,567,761.

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.