Beazley PLC (BEZ) Given Buy Rating at Shore Capital

Shore Capital reiterated their buy rating on shares of Beazley PLC (LON:BEZ) in a research report sent to investors on Thursday.

BEZ has been the subject of several other reports. Peel Hunt restated a reduce rating and issued a GBX 370 ($4.87) target price on shares of Beazley PLC in a research note on Sunday, July 23rd. J P Morgan Chase & Co reiterated an overweight rating on shares of Beazley PLC in a research note on Wednesday. Numis Securities Ltd downgraded shares of Beazley PLC to an add rating in a research note on Friday, July 21st. Finally, Credit Suisse Group started coverage on shares of Beazley PLC in a research note on Tuesday, July 18th. They set an outperform rating for the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Beazley PLC presently has an average rating of Hold and a consensus target price of GBX 373.75 ($4.92).

Shares of Beazley PLC (BEZ) traded up GBX 10.05 ($0.13) on Thursday, reaching GBX 510.05 ($6.71). 1,170,000 shares of the company’s stock traded hands, compared to its average volume of 1,740,000. Beazley PLC has a 52 week low of GBX 366.40 ($4.82) and a 52 week high of GBX 527.50 ($6.94).

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In related news, insider Adrian Cox sold 90,004 shares of the business’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of GBX 500 ($6.58), for a total transaction of £450,020 ($591,897.94).

About Beazley PLC

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