Beazley PLC (LON:BEZ)‘s stock had its “reduce” rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Thursday. They presently have a GBX 370 ($4.78) price target on the stock. Peel Hunt’s price objective would indicate a potential downside of 17.96% from the stock’s current price.

BEZ has been the subject of a number of other research reports. Numis Securities Ltd lowered Beazley PLC to an “add” rating in a research report on Friday, July 21st. Canaccord Genuity reissued a “buy” rating on shares of Beazley PLC in a research report on Friday, May 12th. Credit Suisse Group assumed coverage on Beazley PLC in a research report on Tuesday, July 18th. They issued an “outperform” rating for the company. J P Morgan Chase & Co reissued an “overweight” rating on shares of Beazley PLC in a research report on Tuesday, July 18th. Finally, Shore Capital reissued a “buy” rating on shares of Beazley PLC in a research report on Thursday, May 11th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 386.25 ($4.99).

Shares of Beazley PLC (LON BEZ) traded up 0.22% during mid-day trading on Thursday, hitting GBX 451.00. 2,280,666 shares of the stock traded hands. The company’s 50-day moving average price is GBX 510.34 and its 200 day moving average price is GBX 469.49. Beazley PLC has a 1-year low of GBX 351.68 and a 1-year high of GBX 527.50. The company’s market capitalization is GBX 2.35 billion.

Beazley PLC (LON:BEZ) last announced its quarterly earnings results on Friday, July 21st. The company reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.05. Beazley PLC had a net margin of 13.31% and a return on equity of 16.59%. Equities research analysts forecast that Beazley PLC will post $32.39 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This report was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/09/10/beazley-plc-bez-stock-rating-reaffirmed-by-peel-hunt.html.

In other Beazley PLC news, insider Martin Bride purchased 4,354 shares of Beazley PLC stock in a transaction dated Friday, August 4th. The stock was purchased at an average price of GBX 207 ($2.67) per share, with a total value of £9,012.78 ($11,639.91). Also, insider George Blunden sold 5,000 shares of the company’s stock in a transaction dated Monday, July 24th. The shares were sold at an average price of GBX 501 ($6.47), for a total transaction of £25,050 ($32,351.80).

About Beazley PLC

Analyst Recommendations for Beazley PLC (LON:BEZ)

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.