Peel Hunt Reaffirms Hold Rating for Beazley PLC (BEZ)
Beazley PLC (LON:BEZ)‘s stock had its “hold” rating reissued by Peel Hunt in a research note issued to investors on Monday. They presently have a GBX 360 ($4.46) price objective on the stock. Peel Hunt’s price target suggests a potential downside of 4.90% from the stock’s previous close.
A number of other analysts have also recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Beazley PLC in a research report on Monday, September 12th. Numis Securities Ltd reaffirmed a “buy” rating on shares of Beazley PLC in a research report on Friday, July 22nd. Finally, Shore Capital reissued a “buy” rating on shares of Beazley PLC in a research report on Friday, July 22nd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 354.50 ($4.39).
Beazley PLC (LON:BEZ) traded down 0.18% during mid-day trading on Monday, hitting GBX 381.30. The company had a trading volume of 945,206 shares. The firm’s market capitalization is GBX 1.96 billion. Beazley PLC has a 12-month low of GBX 313.90 and a 12-month high of GBX 413.10. The company’s 50 day moving average price is GBX 395.57 and its 200-day moving average price is GBX 370.76.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/10/peel-hunt-reaffirms-hold-rating-for-beazley-plc-bez.html
In other news, insider Sauerland,John acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, September 13th. The stock was purchased at an average price of GBX 408 ($5.05) per share, for a total transaction of £40,800 ($50,495.05).
About Beazley PLC
Receive News & Ratings for Beazley PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazley PLC and related companies with MarketBeat.com's FREE daily email newsletter.