Beazley’s (LON:BEZ) “Reduce” Rating Reiterated at Peel Hunt

Peel Hunt restated their reduce rating on shares of Beazley (LON:BEZ) in a research note released on Wednesday, October 31st.

A number of other equities analysts also recently issued reports on the stock. Royal Bank of Canada raised shares of Beazley to a top pick rating in a report on Monday, July 9th. Numis Securities reissued a hold rating on shares of Beazley in a report on Friday, July 20th. UBS Group reissued a neutral rating on shares of Beazley in a report on Monday, July 23rd. Berenberg Bank raised shares of Beazley to a buy rating in a report on Thursday, July 26th. Finally, Canaccord Genuity reaffirmed a buy rating and set a GBX 685 ($8.95) price target on shares of Beazley in a report on Thursday, September 6th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of Buy and a consensus price target of GBX 576.25 ($7.53).

Shares of BEZ stock traded up GBX 0.50 ($0.01) during trading hours on Wednesday, reaching GBX 573 ($7.49). The company had a trading volume of 598,829 shares, compared to its average volume of 2,070,000. Beazley has a one year low of GBX 422.15 ($5.52) and a one year high of GBX 579 ($7.57).

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions worldwide. The company's Marine segment underwrites various marine classes, including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks. Its Political, Accident & Contingency segment underwrites terrorism, political violence, expropriation, and credit risks, as well as contingency and risks associated with contract frustration.

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Analyst Recommendations for Beazley (LON:BEZ)

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