Beazley (LON:BEZ) Insider Sells £992,942.48 in Stock

Beazley plc (LON:BEZ) insider Adrian Cox sold 77,032 shares of Beazley stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of GBX 1,289, for a total transaction of £992,942.48.

Beazley Stock Up 0.2%

Beazley stock opened at GBX 1,290 on Monday. The company has a market cap of £7.60 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 1.57 and a beta of 0.29. Beazley plc has a twelve month low of GBX 750 and a twelve month high of GBX 1,293. The company’s 50-day moving average price is GBX 1,094.99 and its 200-day moving average price is GBX 936.57.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on BEZ. Citigroup cut shares of Beazley to a “neutral” rating and upped their price objective for the stock from GBX 1,025 to GBX 1,280 in a research report on Thursday, January 22nd. Berenberg Bank decreased their price target on shares of Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Peel Hunt reiterated an “add” rating and issued a GBX 900 target price on shares of Beazley in a research report on Tuesday, November 25th. JPMorgan Chase & Co. reduced their price objective on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Finally, Jefferies Financial Group boosted their target price on shares of Beazley from GBX 1,000 to GBX 1,040 and gave the company a “buy” rating in a report on Wednesday, November 12th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,074.17.

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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.