Beazley (LON:BEZ) Stock Price Up 40.5% – Still a Buy?

Beazley plc (LON:BEZ)’s stock price traded up 40.5% during trading on Monday . The stock traded as high as GBX 1,195 and last traded at GBX 1,152.45. 15,440,655 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 7,449,580 shares. The stock had previously closed at GBX 820.

Key Beazley News

Here are the key news stories impacting Beazley this week:

• Positive Sentiment: Takeover interest raises chance of a takeover premium or renewed, improved offers, which could push BEZ’s valuation above current trading levels. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom
• Neutral Sentiment: Announcement increases near‑term volume and volatility; the move may attract activist or rival bidders but also could simply be preliminary talk that does not lead to a deal. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom
• Negative Sentiment: Rejection of the initial bid signals the offer was too low; until a firm, attractive proposal emerges there is uncertainty that could weigh on the stock and prompt short‑term trading swings. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on BEZ shares. JPMorgan Chase & Co. lowered their target price on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Royal Bank Of Canada increased their price objective on shares of Beazley from GBX 1,000 to GBX 1,100 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. 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 research report on Wednesday, November 12th. Peel Hunt restated an “add” rating and issued a GBX 900 target price on shares of Beazley in a research note on Tuesday, November 25th. Finally, Berenberg Bank lowered their price target 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. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 1,033.

Beazley Stock Performance

The firm has a fifty day simple moving average of GBX 834.24 and a 200-day simple moving average of GBX 857.33. The company has a market capitalization of £6.79 billion, a PE ratio of 7.63, a P/E/G ratio of 1.57 and a beta of 0.68.

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.