4.72% to Target, Peel Hunt Keeps Add Rating for Lancashire Holdings Ltd (LON:LRE) Stock; Noble PLC Has 1.37 Sentiment

Lancashire Holdings Limited (LON:LRE) Logo

Noble Corp PLC (NE) investors sentiment increased to 1.37 in 2018 Q2. It’s up 0.36, from 1.01 in 2018Q1. The ratio has increased, as 107 hedge funds started new and increased stock positions, while 78 trimmed and sold holdings in Noble Corp PLC. The hedge funds in our database now hold: 209.70 million shares, up from 200.49 million shares in 2018Q1. Also, the number of hedge funds holding Noble Corp PLC in top ten stock positions increased from 3 to 4 for an increase of 1. Sold All: 25 Reduced: 53 Increased: 69 New Position: 38.

In a research report issued on today, Peel Hunt kept their Add rating on Lancashire Holdings Ltd (LON:LRE)‘s stock. The target price per share would suggest a potential upside of 4.72% from company’s last price.

Among 8 analysts covering Lancashire Holdings Ltd (LON:LRE), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Lancashire Holdings Ltd has GBX 765 highest and GBX 570 lowest target. GBX 650.14’s average target is 2.38% above currents GBX 635 stock price. Lancashire Holdings Ltd had 27 analyst reports since June 4, 2018 according to SRatingsIntel. The stock of Lancashire Holdings Limited (LON:LRE) has “Add” rating given on Thursday, November 22 by Peel Hunt. Peel Hunt maintained Lancashire Holdings Limited (LON:LRE) on Monday, October 15 with “Add” rating. The rating was maintained by UBS with “Buy” on Friday, October 26. The firm has “Equal Weight” rating given on Friday, October 12 by Barclays Capital. The firm has “Add” rating by Peel Hunt given on Thursday, September 6. The stock of Lancashire Holdings Limited (LON:LRE) earned “Hold” rating by Berenberg on Wednesday, August 22. The stock of Lancashire Holdings Limited (LON:LRE) has “Buy” rating given on Friday, November 2 by Canaccord Genuity. On Tuesday, October 9 the stock rating was maintained by JP Morgan with “Neutral”. The stock of Lancashire Holdings Limited (LON:LRE) has “Add” rating given on Tuesday, July 24 by Peel Hunt. The firm has “Add” rating by Peel Hunt given on Monday, June 4.

The stock decreased 1.55% or GBX 10 during the last trading session, reaching GBX 635. About 75,531 shares traded. Lancashire Holdings Limited (LON:LRE) has 0.00% since November 22, 2017 and is . It has underperformed by 15.62% the S&P500.

Lancashire Holdings Limited provides specialty insurance and reinsurance products worldwide. The company has market cap of 1.27 billion GBP. The firm operates through five divisions: Property, Energy, Marine, Aviation, and Lloyd??s. It has a 27.37 P/E ratio. It offers aviation insurance solutions; coverage for upstream operational and construction all risks related to wind, earthquakes, and floods, as well as standalone business interruption coverage; and a range of coverages in marine portfolio, including marine hull, total loss only, mortgagees interests insurance, mortgagees additional perils, excess protection and indemnity, marine war, and builder??s risks to high-profile accounts, cruise vessels, and liquid natural gas carriers.

Firefly Value Partners Lp holds 12.34% of its portfolio in Noble Corporation plc for 16.91 million shares. Caspian Capital Lp owns 1.00 million shares or 11.63% of their US portfolio. Moreover, D.C. Capital Advisors Ltd has 8.66% invested in the company for 3.00 million shares. The North Carolina-based Shah Capital Management has invested 5.42% in the stock. Energy Opportunities Capital Management Llc, a Texas-based fund reported 781,676 shares.

Noble Corporation plc operates as an offshore drilling contractor for the gas and oil industry worldwide. The company has market cap of $1.09 billion. It owns and operates a fleet of mobile offshore drilling units. It currently has negative earnings. As of February 23, 2017, the firm operated a fleet of 28 offshore drilling units consisted of 14 drill ships, and semisubmersibles and 14 jack ups.

The stock increased 5.77% or $0.24 during the last trading session, reaching $4.4. About 3.58 million shares traded. Noble Corporation plc (NE) has risen 68.03% since November 22, 2017 and is uptrending. It has outperformed by 52.41% the S&P500. Some Historical NE News: 26/04/2018 – GETIN NOBLE’S 1Q PROVISIONS WERE `SIGNIFICANTLY LOWER:’ PARKIET; 03/05/2018 – NOBLE CORP. CFO ADAM PEAKES COMMENTS ON EARNINGS CALL; 15/05/2018 – Noble Group Beset by Familiar Woes as Debt Deal Hangs in Balance; 21/03/2018 – Goldilocks Confirms Filing Lawsuit Against Noble in Singapore; 02/05/2018 – NOBLE CORP 1Q ADJ LOSS/SHR 55C; 13/03/2018 – Noble Group Signs Workout Agreement With 46% Senior Debt Holders; 22/05/2018 – NOBLE GROUP : PROPOSED SELLS ASSETS; 07/05/2018 – [NOBL] NOBLE GROUP LIMITED – FINL STATEMENTS : NOTIFICATION OF; 22/04/2018 – Goldilocks’ Comments Come After Noble Says Its Shareholding Isn’t Registered in Company’s Register of Members; 02/05/2018 – NOBLE CORP 1Q OPER REV. $235M, EST. $229.4M

Noble Corporation plc (NYSE:NE) Ratings Chart

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