Beazley (BEZ) Given “Reduce” Rating at Peel Hunt

Share on StockTwits

Beazley (LON:BEZ)‘s stock had its “reduce” rating restated by equities researchers at Peel Hunt in a research report issued on Wednesday.

BEZ has been the subject of a number of other research reports. Royal Bank of Canada raised Beazley to a “top pick” rating in a research report on Monday, July 9th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 685 ($8.95) price objective on shares of Beazley in a research report on Thursday, September 6th. UBS Group reaffirmed a “neutral” rating on shares of Beazley in a research report on Monday, July 23rd. Berenberg Bank raised Beazley to a “buy” rating in a research report on Thursday, July 26th. Finally, Numis Securities reaffirmed a “hold” rating on shares of Beazley in a research report on Friday, July 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 575 ($7.51).

Shares of LON:BEZ opened at GBX 503 ($6.57) on Wednesday. Beazley has a 52 week low of GBX 422.15 ($5.52) and a 52 week high of GBX 579 ($7.57).

In other news, insider George Blunden sold 5,000 shares of Beazley stock in a transaction on Tuesday, August 21st. The stock was sold at an average price of GBX 587 ($7.67), for a total value of £29,350 ($38,350.97).

Beazley Company Profile

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.

Read More: Average Daily Trade Volume – ADTV

Analyst Recommendations for Beazley (LON:BEZ)

Receive News & Ratings for Beazley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazley and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply