Beazley (LON:BEZ) Rating Reaffirmed
In a comprehensive report distributed to Clients this morning, Bernstein maintained their Outperform rating on Beazley (LON:BEZ) shares. The target price would suggest a possible downside of -12.62% from company’s current price.
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 370.46 with a -1.89% below today’s (GBX 387) stock price. Beazley PLC was the topic of 26 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. UBS maintained shares on December 4 with “Neutral” rating. Peel Hunt maintained shares with “Buy” rating and GBX 300 target share price in a report from a November 12. J.P. Morgan maintained BEZ stock in a recent report from November 30 with “Overweight” rating. Haitong Securities maintained the rating on November 12. Haitong Securities has a “Buy” rating and a GBX 443 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a November 23.
It is down 33.26% since May 8, 2015 and is uptrending. It has outperformed by 34.34% 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 2.02 billion GBP.