Beazley (LON:BEZ) Earns “Overweight” Rating from JPMorgan Chase & Co.

Beazley (LON:BEZ)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research note issued on Thursday, MarketBeat.com reports.

Several other research firms also recently commented on BEZ. Royal Bank Of Canada boosted their target price on shares of Beazley from GBX 1,000 to GBX 1,100 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,150 price objective on shares of Beazley in a research report on Monday, October 6th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 1,125.

Beazley Price Performance

LON:BEZ opened at GBX 911.50 on Thursday. The firm has a 50-day moving average of GBX 847.41 and a 200-day moving average of GBX 885.85. The company has a market cap of £5.42 billion, a PE ratio of 6.04, a PEG ratio of 1.57 and a beta of 0.68. Beazley has a one year low of GBX 728 and a one year high of GBX 983.50.

Insider Transactions at Beazley

In other Beazley news, insider Carolyn Johnson bought 22,800 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The shares were bought at an average price of GBX 776 per share, for a total transaction of £176,928. Also, insider Robert A. Stuchbery bought 6,400 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The stock was acquired at an average price of GBX 785 per share, for a total transaction of £50,240. In the last ninety days, insiders purchased 35,561 shares of company stock valued at $27,716,546. Insiders own 1.68% of the company’s stock.

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.