Shares of Beazley PLC (LON:BEZ) have earned an average recommendation of “Buy” from the eight analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 685 ($8.92).

Several brokerages recently weighed in on BEZ. Peel Hunt reaffirmed a “reduce” rating on shares of Beazley in a report on Monday. UBS Group reaffirmed a “neutral” rating on shares of Beazley in a report on Monday, July 23rd. Royal Bank of Canada raised Beazley to a “top pick” rating in a report on Monday, July 9th. Berenberg Bank raised Beazley to a “buy” rating in a report on Thursday, July 26th. Finally, Numis Securities reaffirmed a “hold” rating on shares of Beazley in a report on Friday, July 20th.

In other Beazley news, insider Robert A. Stuchbery bought 9,500 shares of Beazley stock in a transaction on Friday, July 20th. The stock was bought at an average price of GBX 528 ($6.88) per share, with a total value of £50,160 ($65,338.02). Also, insider George Blunden sold 5,000 shares of the firm’s stock in a transaction on Tuesday, August 21st. The shares were sold at an average price of GBX 587 ($7.65), for a total value of £29,350 ($38,231.08).

Shares of BEZ traded up GBX 3.50 ($0.05) during mid-day trading on Friday, reaching GBX 581.50 ($7.57). 571,390 shares of the company’s stock were exchanged, compared to its average volume of 2,070,000. Beazley has a 52-week low of GBX 422.15 ($5.50) and a 52-week high of GBX 579 ($7.54).

The business also recently declared a dividend, which was paid on Thursday, August 30th. Investors of record on Thursday, August 2nd were issued a dividend of GBX 3.90 ($0.05) per share. This represents a dividend yield of 0.71%. The ex-dividend date of this dividend was Thursday, August 2nd.

Beazley Company Profile

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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Analyst Recommendations for Beazley (LON:BEZ)

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