Berenberg Bank initiated coverage on shares of Beazley (LON:BEZ) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

BEZ has been the topic of several other research reports. Peel Hunt restated a “reduce” rating and set a GBX 370 ($4.98) price objective on shares of Beazley in a report on Thursday, September 7th. J P Morgan Chase & Co restated an “overweight” rating on shares of Beazley in a report on Tuesday, October 3rd. Shore Capital reiterated a “buy” rating on shares of Beazley in a report on Friday, September 29th. Finally, Numis Securities cut Beazley to a “hold” rating in a report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 373.75 ($5.03).

Shares of Beazley (BEZ) opened at GBX 481.70 ($6.48) on Wednesday. Beazley has a fifty-two week low of GBX 366.40 ($4.93) and a fifty-two week high of GBX 527.50 ($7.10).

In related news, insider Adrian Cox sold 90,004 shares of Beazley stock in a transaction on Monday, October 16th. The stock was sold at an average price of GBX 500 ($6.73), for a total value of £450,020 ($605,679.68).

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