Beazley's (BEZ) Buy Rating Reaffirmed at Berenberg Bank

Beazley (LON:BEZ - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at Berenberg Bank in a research note issued on Monday, MarketBeat Ratings reports. They currently have a GBX 1,150 ($15.40) price target on the stock. Berenberg Bank's target price would indicate a potential upside of 27.92% from the stock's previous close.

Beazley Stock Up 0.1%

Shares of BEZ traded up GBX 0.50 ($0.01) during midday trading on Monday, hitting GBX 899 ($12.04). The company's stock had a trading volume of 1,259,182 shares, compared to its average volume of 4,504,282. The stock has a market capitalization of £6.91 billion, a price-to-earnings ratio of 5.63, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. Beazley has a one year low of GBX 611 ($8.18) and a one year high of GBX 983.50 ($13.17). The company's fifty day simple moving average is GBX 920.51 and its two-hundred day simple moving average is GBX 881.62.

About Beazley

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.