Beazley PLC (BEZ) Rating Reiterated by Shore Capital
Beazley PLC (LON:BEZ)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a research note issued to investors on Thursday.
Several other research firms have also issued reports on BEZ. Macquarie upped their target price on shares of Beazley PLC from GBX 312 ($4.04) to GBX 365 ($4.72) and gave the stock an “underperform” rating in a research note on Monday, March 20th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Beazley PLC in a research note on Thursday, March 2nd. Stockdale Securities reiterated a “neutral” rating on shares of Beazley PLC in a research note on Tuesday, April 18th. Peel Hunt reissued a “reduce” rating and issued a GBX 350 ($4.53) price target on shares of Beazley PLC in a report on Thursday, March 30th. Finally, Numis Securities Ltd reissued a “buy” rating on shares of Beazley PLC in a report on Tuesday, February 7th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. Beazley PLC currently has an average rating of “Hold” and a consensus target price of GBX 375 ($4.85).
Shares of Beazley PLC (LON:BEZ) traded down 0.82% during mid-day trading on Thursday, reaching GBX 449.30. 868,221 shares of the company’s stock were exchanged. The company’s market cap is GBX 2.32 billion. The company’s 50-day moving average price is GBX 438.30 and its 200 day moving average price is GBX 408.91. Beazley PLC has a 52-week low of GBX 327.30 and a 52-week high of GBX 460.40.
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In related news, insider Clive Washbourn sold 90,478 shares of the business’s stock in a transaction dated Monday, February 13th. The shares were sold at an average price of GBX 424 ($5.48), for a total value of £383,626.72 ($496,154.58). Also, insider Martin Bride sold 141,183 shares of the business’s stock in a transaction dated Thursday, March 30th. The stock was sold at an average price of GBX 430 ($5.56), for a total transaction of £607,086.90 ($785,161.54). Insiders sold a total of 239,511 shares of company stock worth $102,497,962 over the last three months.
About Beazley PLC
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