Beazley plc (LON:BEZ) Receives Average Recommendation of “Buy” from Analysts

Beazley plc (LON:BEZGet Free Report) has been assigned an average recommendation of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 834.25 ($10.66).

BEZ has been the subject of several recent research reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Beazley in a research report on Tuesday, May 9th. Berenberg Bank increased their price objective on shares of Beazley from GBX 825 ($10.54) to GBX 850 ($10.86) and gave the stock a “buy” rating in a research report on Monday.

Get Our Latest Report on BEZ

Insider Activity

In related news, insider Clive Bannister acquired 60,000 shares of Beazley stock in a transaction on Friday, June 16th. The shares were purchased at an average cost of GBX 578 ($7.39) per share, for a total transaction of £346,800 ($443,194.89). Insiders own 2.36% of the company’s stock.

Beazley Price Performance

Beazley stock opened at GBX 530 ($6.77) on Wednesday. Beazley has a 52-week low of GBX 495 ($6.33) and a 52-week high of GBX 695 ($8.88). The firm has a fifty day moving average of GBX 569.83 and a 200-day moving average of GBX 597.36. The firm has a market capitalization of £3.56 billion, a P/E ratio of 2,650.00, a PEG ratio of 1.57 and a beta of 0.73. The company has a quick ratio of 6.45, a current ratio of 1.20 and a debt-to-equity ratio of 24.68.

About Beazley

(Get Free Report

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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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 contact@marketbeat.com.

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