Beazley (LON:BEZ) Rating Reaffirmed
In recent note issued to investors and clients this morning, RBC Capital Markets kept steady their Outperform rating on Beazley (LON:BEZ) shares. The target price per share may imply a possible upside of 10.19% from company’s last stock close.
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 -1.94% below today’s (GBX 387.2) stock price. Beazley PLC was the topic of 28 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 7 with “Outperform” rating. JP Morgan maintained shares with “Overweight” rating and GBX 410 target share price in a report from a November 30. UBS maintained BEZ stock in a recent report from December 4 with “Neutral” rating. Haitong Securities maintained the rating on November 12. Haitong Securities has a “Buy” rating and a GBX 443 price target on shares. Finally, J.P. Morgan maintained the stock with “Overweight” rating in a report issued on a November 30.
Approximately 76,336 shares of stock traded hands. Beazley PLC (LON:BEZ) has risen 37.89% since May 13, 2015 and is uptrending. It has outperformed by 39.82% 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.