Beazley’s (BEZ) “Overweight” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Beazley (LON:BEZ) in a report published on Thursday, Marketbeat.com reports.

BEZ has been the subject of several other research reports. Royal Bank Of Canada increased their price target on Beazley from GBX 1,000 to GBX 1,100 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,150 target price on shares of Beazley in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Beazley currently has an average rating of “Buy” and a consensus price target of GBX 1,125.

Beazley Trading Up 0.6%

Shares of LON BEZ opened at GBX 911.50 on Thursday. Beazley has a 12-month low of GBX 728 and a 12-month high of GBX 983.50. The company has a market cap of £5.42 billion, a PE ratio of 6.04, a P/E/G ratio of 1.57 and a beta of 0.68. The stock has a 50 day simple moving average of GBX 847.41 and a 200-day simple moving average of GBX 886.07.

Insider Activity at Beazley

In other news, insider John Reizenstein bought 5,089 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were purchased at an average cost of GBX 786 per share, with a total value of £39,999.54. Also, insider Carolyn Johnson purchased 22,800 shares of the company’s stock in a transaction on Thursday, August 14th. The stock was acquired at an average price of GBX 776 per share, for a total transaction of £176,928. Insiders bought 35,561 shares of company stock valued at $27,716,546 over the last 90 days. 1.68% of the stock is currently owned by corporate insiders.

About Beazley

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.