Beazley (LON:BEZ)‘s stock had its “hold” rating reaffirmed by Numis Securities in a report released on Friday.
Several other analysts have also issued reports on BEZ. Peel Hunt restated a “reduce” rating and issued a GBX 320 ($4.34) target price on shares of Beazley in a research note on Thursday, November 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Beazley in a research note on Wednesday, November 8th. Berenberg Bank assumed coverage on Beazley in a research note on Wednesday, December 13th. They issued a “hold” rating on the stock. Finally, Shore Capital restated a “buy” rating on shares of Beazley in a research note on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 373.75 ($5.07).
Beazley (LON BEZ) traded up GBX 3 ($0.04) during mid-day trading on Friday, reaching GBX 525 ($7.12). Beazley has a 1-year low of GBX 388.80 ($5.27) and a 1-year high of GBX 541.50 ($7.34). The firm has a market cap of $2,740.00 and a price-to-earnings ratio of 1,640.63.
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Beazley plc is a holding company for the Beazley group, which is engaged in the specialist risk insurance and reinsurance business. The Company’s segments include Life, accident & health, which underwrites life, health, personal accident, sports and income protection risks; Marine, which underwrites a range of marine classes, including hull, satellite, aviation and war risks; Political risks & contingency, which underwrites terrorism, political violence, expropriation and credit risks, as well as contingency and risks associated with contract frustration; Property, which underwrites commercial, homeowner’s, and construction and engineering property insurance; Reinsurance, which specializes in writing property catastrophe, casualty clash, aggregate excess of loss and pro-rata business, and Specialty lines, which underwrites professional liability, management liability and environmental liability, including architects and engineers, healthcare, technology and business services.
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