Beazley (LON:BEZ) Rating Reaffirmed
The financial firm has just set a target price of GBX 376.00 on Beazley (LON:BEZ) shares. This is -2.21% from the last stock close price. In a comprehensive report revealed to investors on Friday, 4 December, UBS has decided to reaffirm their “Neutral” rating on shares of BEZ.
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 455 while the lowest target price is GBX 292. The mean of all analyst targets is GBX 366.95 with a -3.48% below today’s (GBX 388.2) stock price. Beazley PLC was the topic of 25 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Numis Securities upgraded shares on December 3 to “Add” rating. Peel Hunt maintained shares with “Buy” rating and GBX 300 target share price in a report from a November 12. JP Morgan maintained BEZ stock in a recent report from November 30 with “Overweight” rating. UBS maintained the rating on November 12. UBS has a “Neutral” rating and a GBX 326 price target on shares. Finally, Westhouse Securities upgraded the stock to “Neutral” rating in a report issued on a November 16.
Approximately 416,164 shares of stock traded hands. Beazley PLC (LON:BEZ) has risen 38.24% since May 7, 2015 and is uptrending. It has outperformed by 41.02% 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 1.99 billion GBP.