Beazley plc (LON:BEZ – Get Free Report) insider Robert A. Stuchbery purchased 9,505 shares of the stock in a transaction on Thursday, September 7th. The shares were purchased at an average cost of GBX 530 ($6.69) per share, with a total value of £50,376.50 ($63,622.76).
Beazley Stock Up 1.9 %
Shares of LON BEZ traded up GBX 10 ($0.13) on Friday, hitting GBX 548.50 ($6.93). The company had a trading volume of 1,457,661 shares, compared to its average volume of 2,343,525. Beazley plc has a 12-month low of GBX 485.80 ($6.14) and a 12-month high of GBX 695 ($8.78). The business has a 50 day moving average of GBX 548.59 and a two-hundred day moving average of GBX 579.49. The company has a quick ratio of 6.45, a current ratio of 1.20 and a debt-to-equity ratio of 24.68. The firm has a market capitalization of £3.69 billion, a P/E ratio of 2,616.67, a PEG ratio of 1.57 and a beta of 0.71.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. lowered their price target on Beazley from GBX 800 ($10.10) to GBX 780 ($9.85) and set an “overweight” rating for the company in a research report on Friday. Berenberg Bank boosted their price target on Beazley from GBX 825 ($10.42) to GBX 850 ($10.74) and gave the company a “buy” rating in a research report on Monday, August 7th. Finally, Barclays boosted their price target on Beazley from GBX 740 ($9.35) to GBX 760 ($9.60) and gave the company an “overweight” rating in a research report on Thursday. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, Beazley currently has a consensus rating of “Buy” and an average price target of GBX 824 ($10.41).
About Beazley
Beazley plc provides risk insurance and reinsurance solutions in the United States, 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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals.
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