Beazley PLC (LON:BEZ) Rating Reaffirmed
JP Morgan Cazenove now has a GBX 410.00 Estimated Target Price on shares of Beazley PLC (LON:BEZ). The Estimated Target Price may imply a potential upside of 6.36% from the current price of Beazley PLC (LON:BEZ). This rating was revealed in a note on Monday morning.
From a total of 11 analysts covering Beazley PLC (LON:BEZ) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 64% of the ratings are positive. The highest target price is GBX 443 while the lowest target price is GBX 283. The mean of all analyst targets is GBX 352.44 with a -8.57% below today’s (GBX 385.47) stock price. Beazley PLC was the topic of 22 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on November 23 with “Outperform” rating. Peel Hunt maintained shares with “Buy” rating and GBX 300 target share price in a report from a November 12. Shore Capital maintained BEZ stock in a recent report from November 12 with “Buy” rating. Haitong Securities maintained the rating on November 12. Haitong Securities has a “Buy” rating and a GBX 443 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a November 12.
The stock increased 0.46% or GBX 1.77 on November 27, striking GBX 385.47. Approximately shares of stock traded hands. Beazley PLC (LON:BEZ) has risen 38.08% since May 1, 2015 and is uptrending. It has outperformed by 38.97% the S&P500.
Beazley plc is a holding company for the Beazley group, a global specialist risk insurance and reinsurance business. The company has a market cap of 2.01 billion GBP.