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QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
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Beazley PLC (LON:BEZ) Given Consensus Rating of "Hold" by Brokerages

Sunday, October 18, 2020 | MarketBeat

Shares of Beazley PLC (LON:BEZ) have been given a consensus rating of "Hold" by the eleven analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 492.50 ($6.43).

Several analysts have recently weighed in on BEZ shares. JPMorgan Chase & Co. boosted their price target on Beazley from GBX 410 ($5.36) to GBX 440 ($5.75) and gave the stock a "neutral" rating in a report on Monday, September 7th. Royal Bank of Canada raised their price target on shares of Beazley from GBX 450 ($5.88) to GBX 525 ($6.86) and gave the company an "outperform" rating in a research note on Thursday, July 2nd. Peel Hunt reissued a "reduce" rating on shares of Beazley in a research note on Thursday, July 23rd. Shore Capital reaffirmed a "buy" rating on shares of Beazley in a research report on Tuesday, September 22nd. Finally, Jefferies Financial Group increased their price target on Beazley from GBX 500 ($6.53) to GBX 530 ($6.92) and gave the company a "buy" rating in a research note on Tuesday, July 28th.

BEZ stock traded down GBX 3.46 ($0.05) during midday trading on Friday, reaching GBX 333.54 ($4.36). 1,985,656 shares of the stock were exchanged, compared to its average volume of 1,781,430. Beazley has a 52 week low of GBX 294.20 ($3.84) and a 52 week high of GBX 612.50 ($8.00). The company has a fifty day moving average price of GBX 367.54 and a 200 day moving average price of GBX 394.23. The company has a debt-to-equity ratio of 33.41, a current ratio of 12.93 and a quick ratio of 10.60. The stock has a market capitalization of $1.94 billion and a PE ratio of 22.38.

In related news, insider Sally Lake acquired 5,825 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was bought at an average price of GBX 341 ($4.46) per share, for a total transaction of £19,863.25 ($25,951.46). Also, insider David Roberts bought 15,514 shares of the company's stock in a transaction that occurred on Monday, September 28th. The shares were bought at an average price of GBX 319 ($4.17) per share, for a total transaction of £49,489.66 ($64,658.56).

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions worldwide. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration.

See Also: Momentum Indicator: Relative Strength Index

Analyst Recommendations for Beazley (LON:BEZ)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

8 Stocks Under $10 and On Sale Right Now

During times of market volatility, investors are looking to get return anywhere they can. One approach is to find cheap stocks (i.e. stocks that trade for less than $10). It’s not surprising that many of the cheap stocks can be found on Robinhood. This trading app is popular among millennial investors. And those investors are willing to speculate on cheap stocks.

And it’s easy to see why. Buying 100 shares of a stock that is trading for $5 can seem to be a wise investment if the stock moves higher. After all, if the stock price increases just $1, investors can see a 20% gain.

But that is not always the case. In fact, it’s not usually the case. The trap that some investors fall into is believing that these stocks can be the next Amazon or Apple. And while they do offer a potential reward, they also carry significant risk. It’s important to remember that when a stock is selling for less than $10, there’s usually a reason. And in some cases, it means the stock is under selling pressure.

This is one time when it’s important to remember that inexpensive does not necessarily mean the stock is a good value. However, there are some quality stocks that can be found in the bargain bin. And for many of these stocks, the value is found in a solid dividend that can reward income investors.

View the "8 Stocks Under $10 and On Sale Right Now".

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