Beazley (LON:BEZ)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
Other research analysts have also issued reports about the stock. UBS Group reissued a “buy” rating on shares of Beazley in a research note on Friday, November 1st. Royal Bank of Canada cut their target price on shares of Beazley from GBX 700 ($9.15) to GBX 675 ($8.82) and set a “top pick” rating on the stock in a research note on Friday, July 19th. Peel Hunt reissued a “reduce” rating on shares of Beazley in a research note on Friday. Finally, JPMorgan Chase & Co. cut their target price on shares of Beazley from GBX 665 ($8.69) to GBX 630 ($8.23) and set an “overweight” rating on the stock in a research note on Monday, September 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 618.38 ($8.08).
LON BEZ traded up GBX 38 ($0.50) on Friday, hitting GBX 577 ($7.54). 5,377,296 shares of the company were exchanged, compared to its average volume of 2,070,000. The company has a market cap of $3.07 billion and a PE ratio of 19.04. Beazley has a 12 month low of GBX 486.60 ($6.36) and a 12 month high of GBX 634 ($8.28). The stock has a fifty day moving average of GBX 602.94 and a 200-day moving average of GBX 576.67. The company has a current ratio of 13.44, a quick ratio of 11.23 and a debt-to-equity ratio of 25.45.
Beazley Company Profile
Beazley plc provides risk insurance and reinsurance solutions worldwide. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration.
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