Peel Hunt Reaffirms Hold Rating for Beazley PLC (BEZ)
Beazley PLC (LON:BEZ)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They currently have a GBX 360 ($4.70) target price on the stock. Peel Hunt’s target price would indicate a potential downside of 11.07% from the company’s current price.
A number of other analysts have also issued reports on BEZ. Shore Capital reissued a “buy” rating on shares of Beazley PLC in a research note on Friday, July 22nd. Numis Securities Ltd reissued a “buy” rating on shares of Beazley PLC in a research note on Friday, July 22nd. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Beazley PLC in a research note on Wednesday, July 20th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 354.50 ($4.63).
Shares of Beazley PLC (LON:BEZ) opened at 401.20 on Thursday. The stock’s market cap is GBX 2.06 billion. The stock’s 50 day moving average is GBX 397.77 and its 200-day moving average is GBX 367.30. Beazley PLC has a one year low of GBX 313.90 and a one year high of GBX 408.40.
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The company also recently announced a dividend, which was paid on Friday, August 26th. Shareholders of record on Thursday, August 4th were issued a GBX 3.50 ($0.05) dividend. The ex-dividend date of this dividend was Thursday, August 4th. This represents a yield of 0.9%.
In other news, insider Sauerland,John bought 10,000 shares of Beazley PLC stock in a transaction on Tuesday, September 13th. The stock was acquired at an average cost of GBX 408 ($5.33) per share, for a total transaction of £40,800 ($53,256.75).
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