Jefferies sets GBp 691 target for Lancashire stock

Published on 10/20/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit after tax rose 30.00 percent to USD 142.00 million. Lancashire stock costs EUR 8.18 on October 20, 2026 against the Xetra close.

Broker view and operating results

Jefferies maintained a Buy rating and set a GBp 691.00 target on October 12, 2026.
First-half profit after tax rose 30.00 percent to USD 142.00 million, while annualized return on equity reached 19.60 percent.
Lancashire stock traded at EUR 8.18 at 12:29 p.m. CEST at Lang & Schwarz on October 20, 2026.

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Lancashire (ISIN BMG5361W1047) had a GBp 691.00 price target from Jefferies on October 12, 2026, with the Buy rating maintained, according to Markets Insider. Lancashire stock was trading at EUR 8.18 at Lang & Schwarz on October 20, 2026 at 12:29 p.m. CEST.

Jefferies keeps its target at GBp 691

The broker's target gives Lancashire a clear valuation marker ahead of its next operating update. Markets Insider also reported a Hold consensus and an average target of GBp 625.14 on October 12, 2026.

What does the target mean for earnings?

Lancashire's first-half 2026 profit after tax rose 30.00 percent to USD 142.00 million, while annualized return on equity reached 19.60 percent, according to the company's earnings-call transcript carried by Yahoo Finance on July 29, 2026. The same transcript said the undiscounted combined ratio was 91.00 percent and large and catastrophe losses totaled USD 60.00 million.

Three dated Lancashire events

On July 29, 2026, Lancashire reported USD 142.00 million in first-half profit after tax and a 19.60 percent annualized return on equity through the Yahoo Finance transcript. On September 23, 2026, Lancashire announced its third-quarter trading statement date through FT.com. On October 12, 2026, Jefferies maintained its Buy rating and set the GBp 691.00 target, as reported by Markets Insider.

Next dates are set for November 4

Lancashire's next substantiated dates are November 4, 2026, for the third-quarter trading statement at 7:00 a.m. GMT and the analyst and investor conference call at 8:30 a.m. GMT, according to FT.com.

Stock quote and investor context

The first-half figures show that underwriting profitability remained positive despite USD 60.00 million of large and catastrophe losses. The November update will therefore provide the next dated test of premium growth, claims experience and capital discipline.

Lancashire stock was trading at EUR 8.18 at Lang & Schwarz on October 20, 2026 at 12:29 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Lancashire stock.