Beazley (LON:BEZ) Just Hit With Upgrade From Numis. Will Other Analysts Also Upgrade the Stock?

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Beazley (LON:BEZ) Stock Upgrade

The stock rating of Beazley (LON:BEZ) shares was raised by investment advisers at Numis to a respectable Add. They currently have a Estimated Target Price of GBX 455 on BEZ. Numis’s Estimated Target Price implies a possible upside of 15.45% from the last price of the company.

From a total of 11 analysts covering Beazley PLC (LON:BEZ) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 58% of the ratings are positive. The highest target price is GBX 443 while the lowest target price is GBX 292. The mean of all analyst targets is GBX 357.23 with a -7.54% below today’s (GBX 393.9) stock price. Beazley PLC was the topic of 24 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. J.P. Morgan maintained shares on November 30 with “Overweight” rating. Peel Hunt maintained shares with “Buy” rating and GBX 300 target share price in a report from a November 12. Bernstein maintained BEZ stock in a recent report from November 23 with “Outperform” rating. UBS maintained the rating on November 12. UBS has a “Neutral” rating and a GBX 326 price target on shares. Finally, Shore Capital maintained the stock with “Buy” rating in a report issued on a November 12.

Approximately 828,704 shares of stock traded hands or 26.99% up from the average. Beazley PLC (LON:BEZ) has risen 41.52% since May 6, 2015 and is uptrending. It has outperformed by 41.80% the S&P500.

 Beazley (LON:BEZ) Just Hit With Upgrade From Numis. Will Other Analysts Also Upgrade the Stock?

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 2.07 billion GBP.

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