Beazley (BEZ) Given Reduce Rating at Peel Hunt
BEZ has been the subject of a number of other research reports. JPMorgan Chase & Co. decreased their price objective on shares of Beazley from GBX 670 ($8.75) to GBX 650 ($8.49) and set an overweight rating for the company in a research note on Friday, November 9th. UBS Group reissued a neutral rating and set a GBX 580 ($7.58) target price (up previously from GBX 560 ($7.32)) on shares of Beazley in a research note on Tuesday, November 20th. Shore Capital reissued an under review rating on shares of Beazley in a research note on Thursday, November 8th. Canaccord Genuity reissued a buy rating and set a GBX 610 ($7.97) target price on shares of Beazley in a research note on Monday, December 10th. Finally, Royal Bank of Canada reissued a top pick rating on shares of Beazley in a research note on Friday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 561.25 ($7.33).
Beazley stock opened at GBX 500.50 ($6.54) on Monday. Beazley has a 52 week low of GBX 422.15 ($5.52) and a 52 week high of GBX 579 ($7.57).
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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