Beazley PLC Upgraded by Berenberg Bank to “Buy” (BEZ)
Beazley PLC (LON:BEZ) was upgraded by stock analysts at Berenberg Bank to a “buy” rating in a report issued on Monday. The firm currently has a GBX 278 ($4.73) price objective on the stock, up from their previous price objective of GBX 271 ($4.61). Berenberg Bank’s target price indicates a potential upside of 10.76% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of Beazley PLC in a research note on Monday, June 16th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 284.60 ($4.84).
Shares of Beazley PLC (LON:BEZ) traded down 0.16% on Monday, hitting GBX 250.60. 147,552 shares of the company’s stock traded hands. Beazley PLC has a one year low of GBX 199.00 and a one year high of GBX 282.70. The stock has a 50-day moving average of GBX 247.2 and a 200-day moving average of GBX 258.0. The company’s market cap is £1.259 billion.
Beazley plc is a holding company engaged in global specialist risk insurance and reinsurance business.
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