Beazley PLC (BEZ) Receives Reduce Rating from Peel Hunt
Peel Hunt reiterated their reduce rating on shares of Beazley PLC (LON:BEZ) in a research report report published on Thursday. The brokerage currently has a GBX 320 ($4.21) price objective on the stock.
Other equities research analysts also recently issued reports about the company. Numis Securities Ltd downgraded Beazley PLC to an add rating in a research note on Friday, July 21st. Shore Capital reissued a buy rating on shares of Beazley PLC in a research note on Friday, September 29th. Credit Suisse Group started coverage on Beazley PLC in a research note on Tuesday, July 18th. They issued an outperform rating for the company. Finally, J P Morgan Chase & Co reissued an overweight rating on shares of Beazley PLC in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Beazley PLC presently has an average rating of Hold and a consensus target price of GBX 373.75 ($4.92).
Shares of Beazley PLC (BEZ) traded up GBX 10.05 ($0.13) during trading on Thursday, reaching GBX 510.05 ($6.71). The company had a trading volume of 1,170,000 shares, compared to its average volume of 1,740,000. Beazley PLC has a 1 year low of GBX 366.40 ($4.82) and a 1 year high of GBX 527.50 ($6.94).
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In other news, insider Adrian Cox sold 90,004 shares of the firm’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of GBX 500 ($6.58), for a total transaction of £450,020 ($591,897.94).
About Beazley PLC
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