Beazley plc (LON:BEZ) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Beazley plc (LON:BEZ) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 1,074.17.

Several research firms have recently issued reports on BEZ. Peel Hunt reiterated an “add” rating and set a GBX 900 target price on shares of Beazley in a report on Tuesday, November 25th. Jefferies Financial Group raised their price objective on Beazley from GBX 1,000 to GBX 1,040 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Citigroup cut Beazley to a “neutral” rating and lifted their price objective for the company from GBX 1,025 to GBX 1,280 in a research note on Thursday, January 22nd. JPMorgan Chase & Co. dropped their target price on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Finally, Berenberg Bank cut their target price on Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research note on Wednesday, November 26th.

Beazley Price Performance

Shares of LON BEZ opened at GBX 1,223 on Monday. Beazley has a 1 year low of GBX 750 and a 1 year high of GBX 1,269.13. The firm has a 50-day moving average of GBX 1,008.91 and a 200 day moving average of GBX 906.59. The stock has a market cap of £7.20 billion, a P/E ratio of 8.10, a price-to-earnings-growth 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.