Beazley PLC (BEZ) Given Consensus Recommendation of “Buy” by Brokerages
Beazley PLC (LON:BEZ) has been given an average rating of “Buy” by the eight research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 685 ($8.95).
A number of analysts recently commented on the company. Royal Bank of Canada reiterated a “top pick” rating on shares of Beazley in a report on Monday. Peel Hunt reissued a “reduce” rating on shares of Beazley in a research report on Monday, September 24th. UBS Group reissued 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 reissued a “hold” rating on shares of Beazley in a research report on Friday, July 20th.
Shares of Beazley stock opened at GBX 532.75 ($6.96) on Wednesday. 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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