Beazley (LON:BEZ)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research note issued to investors on Thursday.
A number of other equities analysts have also issued reports on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Beazley in a research note on Thursday, January 18th. Peel Hunt reaffirmed a “reduce” rating and set a GBX 320 ($4.49) price target on shares of Beazley in a research note on Thursday, November 9th. Berenberg Bank initiated coverage on Beazley in a research note on Wednesday, December 13th. They set a “hold” rating for the company. Finally, Numis Securities reaffirmed a “hold” rating on shares of Beazley in a research note on Friday, January 19th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Beazley presently has a consensus rating of “Hold” and an average target price of GBX 372.50 ($5.22).
Shares of Beazley (LON:BEZ) traded down GBX 10.50 ($0.15) during midday trading on Thursday, reaching GBX 550 ($7.71). The company’s stock had a trading volume of 6,650,000 shares, compared to its average volume of 1,260,000. The company has a market cap of $2,870.00 and a price-to-earnings ratio of 1,718.75. Beazley has a 52-week low of GBX 418.20 ($5.86) and a 52-week high of GBX 568.50 ($7.97).
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Beazley Company Profile
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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