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