Beazley (LON:BEZ) Given “Buy” Rating at Berenberg Bank

Beazley (LON:BEZ)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued on Thursday, MarketBeat.com reports. They presently have a GBX 880 ($11.17) price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 36.12% from the company’s previous close.

Separately, Jefferies Financial Group reduced their price objective on Beazley from GBX 930 ($11.80) to GBX 860 ($10.92) and set a “buy” rating on the stock in a report on Tuesday, November 21st. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Beazley has a consensus rating of “Buy” and an average target price of GBX 840.20 ($10.66).

Beazley Trading Down 1.1 %

LON:BEZ traded down GBX 7.50 ($0.10) during trading hours on Thursday, hitting GBX 646.50 ($8.21). 1,096,148 shares of the stock were exchanged, compared to its average volume of 2,033,339. The company’s 50 day moving average is GBX 565.91 and its two-hundred day moving average is GBX 551.58. Beazley has a twelve month low of GBX 485.80 ($6.17) and a twelve month high of GBX 686.08 ($8.71). The company has a quick ratio of 6.45, a current ratio of 290.63 and a debt-to-equity ratio of 20.40. The company has a market capitalization of £4.35 billion, a P/E ratio of 4,034.38, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, 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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals.