Beazley PLC (BEZ) Given Reduce Rating at Peel Hunt
Beazley PLC (LON:BEZ)‘s stock had its “reduce” rating reissued by investment analysts at Peel Hunt in a research note issued to investors on Monday. They currently have a GBX 350 ($4.45) price objective on the stock. Peel Hunt’s price target suggests a potential downside of 27.85% from the stock’s current price.
BEZ has been the topic of several other reports. Macquarie reaffirmed an “underperform” rating and set a GBX 365 ($4.64) price objective on shares of Beazley PLC in a report on Tuesday, April 4th. Canaccord Genuity reissued a “buy” rating on shares of Beazley PLC in a research note on Friday, May 12th. Stockdale Securities reissued a “neutral” rating on shares of Beazley PLC in a research note on Tuesday, April 18th. Shore Capital reissued a “buy” rating on shares of Beazley PLC in a research note on Thursday, May 11th. Finally, J P Morgan Chase & Co reissued an “overweight” rating on shares of Beazley PLC in a research note on Monday, March 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 375 ($4.77).
Shares of Beazley PLC (LON:BEZ) opened at 483.30 on Monday. Beazley PLC has a one year low of GBX 351.68 and a one year high of GBX 492.80. The company’s market capitalization is GBX 2.50 billion. The firm has a 50-day moving average of GBX 468.09 and a 200-day moving average of GBX 431.21.
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In other news, insider Martin Bride sold 3,850 shares of the firm’s stock in a transaction dated Thursday, April 20th. The shares were sold at an average price of GBX 436 ($5.55), for a total value of £16,786 ($21,350.80).
About Beazley PLC
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