Beazley plc (LON:BEZ) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Beazley plc (LON:BEZ – Get Rating) have been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 764.50 ($9.33).

Several research firms have recently issued reports on BEZ. Barclays reaffirmed an “overweight” rating and issued a GBX 787 ($9.60) target price on shares of Beazley in a report on Monday, November 14th. Royal Bank of Canada upped their target price on Beazley from GBX 835 ($10.19) to GBX 840 ($10.25) and gave the company an “overweight” rating in a report on Tuesday, November 22nd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 720 ($8.79) target price on shares of Beazley in a report on Monday, November 14th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Beazley in a report on Monday, November 14th. Finally, Citigroup upped their target price on Beazley from GBX 624 ($7.61) to GBX 711 ($8.68) and gave the company a “buy” rating in a report on Wednesday, November 2nd.

Beazley Stock Performance

BEZ stock opened at GBX 642.50 ($7.84) on Friday. The firm has a market cap of £4.31 billion and a PE ratio of 2,677.08. The company has a quick ratio of 6.45, a current ratio of 8.39 and a debt-to-equity ratio of 31.83. The business has a 50 day moving average of GBX 654.10 and a 200-day moving average of GBX 602.76. Beazley has a 12-month low of GBX 365.31 ($4.46) and a 12-month high of GBX 690.50 ($8.43).

Beazley Company Profile

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Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. Its Cyber & Executive Risk segment underwrites management liabilities, such as employment practices risks and directors and officers, cyber and technology, and media and business services.