Numis Securities reiterated their hold rating on shares of Beazley (LON:BEZ) in a research note published on Friday morning.
Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. reiterated an overweight rating on shares of Beazley in a research report on Thursday, November 16th. Peel Hunt decreased their price target on Beazley from GBX 370 ($5.02) to GBX 320 ($4.34) and set a reduce rating for the company in a research report on Friday, September 29th. Shore Capital reiterated a buy rating on shares of Beazley in a research report on Wednesday, January 17th. Finally, Berenberg Bank began coverage on Beazley in a research report on Wednesday, December 13th. They issued a hold rating for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 373.75 ($5.07).
Shares of Beazley (LON:BEZ) opened at GBX 531.50 ($7.21) on Friday. Beazley has a 52 week low of GBX 388.80 ($5.27) and a 52 week high of GBX 541.50 ($7.34). The stock has a market capitalization of $2,710.00 and a P/E ratio of 1,660.94.
In other Beazley news, insider David Roberts acquired 41,300 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was purchased at an average cost of GBX 486 ($6.59) per share, for a total transaction of £200,718 ($272,196.91).
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Beazley Company Profile
Beazley plc is a holding company for the Beazley group, which is engaged in the specialist risk insurance and reinsurance business. The Company’s segments include Life, accident & health, which underwrites life, health, personal accident, sports and income protection risks; Marine, which underwrites a range of marine classes, including hull, satellite, aviation and war risks; Political risks & contingency, which underwrites terrorism, political violence, expropriation and credit risks, as well as contingency and risks associated with contract frustration; Property, which underwrites commercial, homeowner’s, and construction and engineering property insurance; Reinsurance, which specializes in writing property catastrophe, casualty clash, aggregate excess of loss and pro-rata business, and Specialty lines, which underwrites professional liability, management liability and environmental liability, including architects and engineers, healthcare, technology and business services.
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