Beazley (LON:BEZ)‘s stock had its “reduce” rating restated by investment analysts at Peel Hunt in a research note issued to investors on Thursday.
Several other research firms have also recently commented on BEZ. Canaccord Genuity restated a “buy” rating and issued a GBX 685 ($8.95) price target on shares of Beazley in a report on Thursday, September 6th. UBS Group restated a “neutral” rating on shares of Beazley in a report on Monday, July 23rd. Berenberg Bank upgraded Beazley to a “buy” rating in a report on Thursday, July 26th. Shore Capital restated an “under review” rating on shares of Beazley in a report on Thursday. Finally, Royal Bank of Canada restated a “top pick” rating on shares of Beazley in a report on Monday, October 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 575 ($7.51).
BEZ opened at GBX 532 ($6.95) on Thursday. Beazley has a 12 month low of GBX 422.15 ($5.52) and a 12 month high of GBX 579 ($7.57).
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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