Beazley PLC (BEZ) Earns “Buy” Rating from Shore Capital

Beazley PLC (LON:BEZ)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a research note issued on Thursday, November 9th.

Several other equities analysts have also weighed in on BEZ. J P Morgan Chase & Co reissued an “overweight” rating on shares of Beazley PLC in a research report on Tuesday, October 3rd. Peel Hunt lowered their price target on shares of Beazley PLC from GBX 370 ($4.87) to GBX 320 ($4.21) and set a “reduce” rating on the stock in a research report on Friday, September 29th. Numis Securities Ltd lowered shares of Beazley PLC to a “hold” rating in a research report on Thursday, October 5th. Finally, Credit Suisse Group initiated coverage on shares of Beazley PLC in a research report on Tuesday, July 18th. They set an “outperform” rating on the stock. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 373.75 ($4.92).

Shares of Beazley PLC (LON BEZ) traded down GBX 1.50 ($0.02) during mid-day trading on Thursday, reaching GBX 503 ($6.62). 1,253,665 shares of the company’s stock were exchanged, compared to its average volume of 1,510,000. Beazley PLC has a 12-month low of GBX 366.40 ($4.82) and a 12-month high of GBX 527.50 ($6.94).

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In related news, insider Adrian Cox sold 90,004 shares of Beazley PLC stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of GBX 500 ($6.58), for a total transaction of £450,020 ($591,897.94).

Beazley PLC Company Profile

Analyst Recommendations for Beazley PLC (LON:BEZ)

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