Paul Bantick Sells 18,360 Shares of Beazley (LON:BEZ) Stock

Beazley plc (LON:BEZ) insider Paul Bantick sold 18,360 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of GBX 1,289, for a total transaction of £236,660.40.

Beazley Stock Performance

Shares of BEZ remained flat at GBX 1,288 during midday trading on Friday. 7,829,517 shares of the company’s stock traded hands, compared to its average volume of 28,798,922. The stock has a market cap of £7.59 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 1.57 and a beta of 0.26. The firm has a 50 day simple moving average of GBX 1,085.96 and a 200 day simple moving average of GBX 931.09. Beazley plc has a twelve month low of GBX 750 and a twelve month high of GBX 1,293.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BEZ shares. Citigroup cut Beazley to a “neutral” rating and raised their price target for the company from GBX 1,025 to GBX 1,280 in a report on Thursday, January 22nd. Berenberg Bank cut their target price on shares of Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a report on Wednesday, November 26th. Peel Hunt reaffirmed an “add” rating and set a GBX 900 price target on shares of Beazley in a research note on Tuesday, November 25th. JPMorgan Chase & Co. lowered their price objective on shares of Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Finally, Jefferies Financial Group boosted their target price on shares of Beazley from GBX 1,000 to GBX 1,040 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,074.17.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of 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. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.