Panmure Liberum Reaffirms 'Buy' Rating for Chesnara with 34% Upside Potential

Key Facts

1Panmure Liberum reaffirmed a 'buy' rating and 400p target price for Chesnara PLC.

2The company reported a 19% rise in operating capital generation (OCG) to £94 million for 2025.

3The target price implies a 34% upside from the current share price of 296p.

Panmure Liberum has reaffirmed its 'buy' rating for Chesnara PLC, maintaining a price target of 400p. The recommendation follows a robust 19% increase in the company's operating capital generation (OCG), which reached £94 million for 2025. The current target price suggests a significant 34% upside from the stock's recent trading price of 296p. Analysts highlighted that two landmark strategic deals have significantly reshaped the company's financial outlook and dividend profile. This strong capital performance underscores Chesnara's ability to support sustainable dividend growth for its shareholders. Overall, the firm's strategic positioning and operational efficiency continue to drive positive sentiment among market participants in the insurance sector.