Beazley plc (LON:BEZ – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 561.52 ($6.90) and traded as high as GBX 564 ($6.93). Beazley shares last traded at GBX 554.50 ($6.81), with a volume of 1,068,255 shares changing hands.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Barclays boosted their price objective on Beazley from GBX 740 ($9.09) to GBX 760 ($9.33) and gave the stock an “overweight” rating in a research report on Thursday, September 7th. JPMorgan Chase & Co. reduced their price objective on Beazley from GBX 800 ($9.82) to GBX 780 ($9.58) and set an “overweight” rating for the company in a report on Friday, September 8th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 850 ($10.44) target price on shares of Beazley in a research note on Wednesday, September 20th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, Beazley currently has an average rating of “Buy” and a consensus price target of GBX 840.14 ($10.32).
Beazley Price Performance
In related news, insider Robert A. Stuchbery acquired 9,505 shares of the company’s stock in a transaction that occurred on Thursday, September 7th. The shares were acquired at an average price of GBX 530 ($6.51) per share, with a total value of £50,376.50 ($61,864.79). 2.76% of the stock is owned by company insiders.
Beazley Company Profile
Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals.
- Five stocks we like better than Beazley
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- 3 large caps with red hot RSIs with upside
- Are Penny Stocks a Good Fit for Your Portfolio?
- Johnson Controls International: Nothing but upside for investors
- Mega Cap Stocks: What They Are and How to Invest
- Unity Software’s resilient rebound post-earnings setback
Receive News & Ratings for Beazley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beazley and related companies with MarketBeat.com's FREE daily email newsletter.