Analysts Set Beazley PLC (BEZ) PT at $361.67

Beazley PLC (LON:BEZ) has earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 361.67 ($4.76).

Several brokerages have issued reports on BEZ. Shore Capital reiterated a “buy” rating on shares of Beazley PLC in a report on Friday, September 29th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Beazley PLC in a report on Tuesday, October 3rd. Peel Hunt cut their price target on Beazley PLC from GBX 370 ($4.86) to GBX 320 ($4.21) and set a “reduce” rating on the stock in a report on Friday, September 29th. Numis Securities Ltd lowered Beazley PLC to a “hold” rating in a report on Thursday, October 5th. Finally, Credit Suisse Group began coverage on Beazley PLC in a report on Tuesday, July 18th. They issued an “outperform” rating on the stock.

In other Beazley PLC news, insider Christine LaSala purchased 14,300 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was bought at an average cost of GBX 524 ($6.89) per share, with a total value of £74,932 ($98,516.96). Also, insider George Blunden sold 5,000 shares of the stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of GBX 501 ($6.59), for a total value of £25,050 ($32,934.53).

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Beazley PLC (LON BEZ) traded up 1.01% during trading on Friday, hitting GBX 489.70. The stock had a tra

Several brokerages have issued reports on BEZ. Shore Capital reiterated a “buy” rating on shares of Beazley PLC in a report on Friday, September 29th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Beazley PLC in a report on Tuesday, October 3rd. Peel Hunt cut their price target on Beazley PLC from GBX 370 ($4.86) to GBX 320 ($4.21) and set a “reduce” rating on the stock in a report on Friday, September 29th. Numis Securities Ltd lowered Beazley PLC to a “hold” rating in a report on Thursday, October 5th. Finally, Credit Suisse Group began coverage on Beazley PLC in a report on Tuesday, July 18th. They issued an “outperform” rating on the stock.

In other Beazley PLC news, insider Christine LaSala purchased 14,300 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was bought at an average cost of GBX 524 ($6.89) per share, with a total value of £74,932 ($98,516.96). Also, insider George Blunden sold 5,000 shares of the stock in a transaction that occurred on Monday, July 24th. The shares were sold at an average price of GBX 501 ($6.59), for a total value of £25,050 ($32,934.53).

WARNING: This piece of content was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this piece of content can be accessed at https://ledgergazette.com/2017/10/10/analysts-set-beazley-plc-bez-pt-at-361-67.html.

Beazley PLC (LON BEZ) traded up 1.01% during trading on Friday, hitting GBX 489.70. The stock had a trading volume of 1,581,675 shares. The stock has a 50 day moving average of GBX 481.70 and a 200 day moving average of GBX 475.40. The firm’s market capitalization is GBX 2.55 billion. Beazley PLC has a one year low of GBX 351.68 and a one year high of GBX 527.50.

About Beazley PLC

Analyst Recommendations for Beazley PLC (LON:BEZ)

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