Beazley’s (BEZ) “Add” Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Beazley (LON:BEZ) in a research note published on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 900 target price on the stock.

Several other equities research analysts have also recently commented on BEZ. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Beazley in a research note on Thursday, October 23rd. Royal Bank Of Canada lifted their price objective on Beazley from GBX 1,000 to GBX 1,100 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Berenberg Bank reissued a “buy” rating and set a GBX 1,150 price objective on shares of Beazley in a report on Monday, October 6th. Finally, Jefferies Financial Group raised their target price on shares of Beazley from GBX 1,000 to GBX 1,040 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 1,033.

Beazley Trading Up 0.6%

Shares of LON BEZ opened at GBX 803 on Tuesday. Beazley has a 1-year low of GBX 750 and a 1-year high of GBX 983.50. The company has a 50-day moving average of GBX 890.33 and a two-hundred day moving average of GBX 885.21. The company has a market cap of £4.76 billion, a PE ratio of 5.32, a P/E/G ratio of 1.57 and a beta of 0.68.

About Beazley

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.