Beazley PLC Given “Buy” Rating at Nomura (BEZ)
Beazley PLC (LON:BEZ)‘s stock had its “buy” rating restated by equities research analysts at Nomura in a research note issued on Thursday. They currently have a GBX 292 ($4.97) price target on the stock. Nomura’s price objective points to a potential upside of 12.87% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated an “add” rating on shares of Beazley PLC in a research note on Friday, June 27th. Separately, analysts at Berenberg Bank upgraded shares of Beazley PLC to a “buy” rating in a research note on Monday, June 23rd. They now have a GBX 278 ($4.74) price target on the stock, up previously from GBX 271 ($4.62). Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Beazley PLC has a consensus rating of “Buy” and an average price target of GBX 284.60 ($4.85).
Shares of Beazley PLC (LON:BEZ) opened at 258.30 on Thursday. Beazley PLC has a 1-year low of GBX 199.00 and a 1-year high of GBX 282.70. The stock’s 50-day moving average is GBX 248.7 and its 200-day moving average is GBX 258.4. The company’s market cap is £1.297 billion.
Beazley plc is a holding company engaged in global specialist risk insurance and reinsurance business.
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