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Home / Momentum / Lancashire Holdings Limited (LRE.L) 06-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Lancashire Holdings Limited (LRE.L) 06-01-20

Will shares in Lancashire Holdings Limited (LRE.L) continue to rally, setting new recent highs?

 

  • Now trading at 776.5p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +38% from 12 month lows.

Latest News

11 Dec:  Investec has upgraded its rating on Lancashire Holdings Ltd (LRE) to add (from reduce).

05 Dec:  Lancashire Holdings said that Natalie Kershaw has been chosen as the new group CFO.

04 Dec:  Barclays Capital reiterates its equal weight rating on Lancashire Holdings Ltd (LRE) and increased the target price to 758p (from 731p).

12 Nov:  RBC Capital Markets reiterates its outperform rating on Lancashire Holdings Ltd (LRE) and increased the target price to 800p (from 775p).

11 Nov:  JP Morgan Cazenove has upgraded its rating on Lancashire Holdings Ltd (LRE) to neutral (from overweight) and increased the target price to 700p (from 645p).

16 Oct:  Barclays Capital reiterates its equal weight rating on Lancashire Holdings Ltd (LRE) and increased the target price to 731p (from 727p).

16 Sep:  JP Morgan Cazenove reiterates its overweight rating on Lancashire Holdings Ltd (LRE) and reduced the target price to 645p (from 650p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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