Beazley (LON:BEZ) Given New GBX 1,025 Price Target at JPMorgan Chase & Co.

Beazley (LON:BEZ) had its price objective lowered by analysts at JPMorgan Chase & Co. from GBX 1,050 to GBX 1,025 in a research note issued on Wednesday,London Stock Exchange reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 28.45% from the company’s previous close.

A number of other equities analysts have also commented on the company. Jefferies Financial Group raised their price target on Beazley from GBX 1,000 to GBX 1,040 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Royal Bank Of Canada upped their price target on Beazley from GBX 1,000 to GBX 1,100 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Berenberg Bank reduced their price objective on shares of Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research note on Wednesday. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 900 target price on shares of Beazley in a research note on Tuesday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 1,033.

Beazley Stock Up 2.2%

LON BEZ traded up GBX 17 on Wednesday, reaching GBX 798. The company had a trading volume of 4,327,077 shares, compared to its average volume of 5,672,262. The stock has a market capitalization of £4.73 billion, a P/E ratio of 5.28, a P/E/G ratio of 1.57 and a beta of 0.68. The company’s fifty day moving average is GBX 891.65 and its 200 day moving average is GBX 886.40. Beazley has a 52-week low of GBX 750 and a 52-week high of GBX 983.50.

Beazley Company Profile

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.