Beazley (LON:BEZ)‘s stock had its “reduce” rating reiterated by Peel Hunt in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

BEZ has been the topic of several other research reports. UBS Group raised their price objective on shares of Beazley from GBX 630 ($8.29) to GBX 650 ($8.55) and gave the stock a “buy” rating in a research note on Friday, February 7th. JPMorgan Chase & Co. raised their price objective on shares of Beazley from GBX 600 ($7.89) to GBX 660 ($8.68) and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Morgan Stanley lowered their price objective on shares of Beazley from GBX 690 ($9.08) to GBX 660 ($8.68) and set an “overweight” rating on the stock in a research note on Monday, December 2nd. Jefferies Financial Group downgraded shares of Beazley to a “hold” rating and lowered their price objective for the stock from GBX 616 ($8.10) to GBX 611 ($8.04) in a research note on Thursday, February 13th. Finally, Royal Bank of Canada restated an “outperform” rating on shares of Beazley in a research note on Friday, March 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. Beazley has an average rating of “Buy” and a consensus target price of GBX 594.20 ($7.82).

LON:BEZ opened at GBX 402 ($5.29) on Tuesday. The company’s 50 day moving average is GBX 509.11 and its 200-day moving average is GBX 552.96. The firm has a market cap of $2.13 billion and a price-to-earnings ratio of 9.14. The company has a quick ratio of 1.04, a current ratio of 1.25 and a debt-to-equity ratio of 36.56. Beazley has a 12 month low of GBX 294.20 ($3.87) and a 12 month high of GBX 634 ($8.34).

In other Beazley news, insider Adrian Cox sold 35,836 shares of Beazley stock in a transaction on Monday, February 10th. The shares were sold at an average price of GBX 599 ($7.88), for a total transaction of £214,657.64 ($282,369.96). Also, insider Sally Lake purchased 5,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were acquired at an average price of GBX 492 ($6.47) per share, for a total transaction of £24,600 ($32,359.91).

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions worldwide. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration.

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Analyst Recommendations for Beazley (LON:BEZ)

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