Beazley PLC (BEZ) Earns Overweight Rating from J P Morgan Chase & Co

Beazley PLC (LON:BEZ)‘s stock had its “overweight” rating reiterated by equities research analysts at J P Morgan Chase & Co in a report released on Tuesday, July 18th.

A number of other brokerages have also issued reports on BEZ. Peel Hunt restated a “reduce” rating and set a GBX 350 ($4.56) target price on shares of Beazley PLC in a research report on Thursday, March 30th. Shore Capital restated a “buy” rating on shares of Beazley PLC in a research report on Thursday, May 11th. Stockdale Securities restated a “neutral” rating on shares of Beazley PLC in a research report on Thursday, April 27th. Macquarie raised their target price on shares of Beazley PLC from GBX 312 ($4.06) to GBX 365 ($4.75) and gave the stock an “underperform” rating in a research report on Monday, March 20th. Finally, Credit Suisse Group began coverage on shares of Beazley PLC in a research report on Tuesday, July 18th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 386.25 ($5.03).

Shares of Beazley PLC (BEZ) traded down 1.06% during midday trading on Tuesday, reaching GBX 515.00. 532,049 shares of the company’s stock were exchanged. The company’s market cap is GBX 2.68 billion. Beazley PLC has a 12-month low of GBX 351.68 and a 12-month high of GBX 527.50. The stock’s 50 day moving average price is GBX 506.49 and its 200 day moving average price is GBX 457.73.

ILLEGAL ACTIVITY NOTICE: “Beazley PLC (BEZ) Earns Overweight Rating from J P Morgan Chase & Co” was published by Stock Observer and is the property of of Stock Observer. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The original version of this piece of content can be accessed at https://www.thestockobserver.com/2017/08/12/beazley-plc-bez-stock-rating-reaffirmed-by-j-p-morgan-chase-co-updated-updated-updated.html.

In other Beazley PLC news, insider Martin Bride purchased 4,354 shares of the stock in a transaction on Friday, August 4th. The stock was bought at an average price of GBX 207 ($2.70) per share, for a total transaction of £9,012.78 ($11,736.92). Also, insider George Blunden sold 5,000 shares of the business’s stock in a transaction dated Monday, July 24th. The stock was sold at an average price of GBX 501 ($6.52), for a total value of £25,050 ($32,621.44).

About Beazley PLC

Analyst Recommendations for Beazley PLC (LON:BEZ)

Receive News & Ratings for Beazley PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazley PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply