Beazley (OTCMKTS:BZLYF) PT Lowered to GBX 748 at Barclays

Beazley (OTCMKTS:BZLYFGet Rating) had its price objective cut by Barclays from GBX 787 ($9.31) to GBX 748 ($8.84) in a research report sent to investors on Tuesday morning, The Fly reports.

BZLYF has been the topic of several other reports. Morgan Stanley raised shares of Beazley from an equal weight rating to an overweight rating in a report on Friday, August 12th. HSBC upgraded shares of Beazley from a hold rating to a buy rating in a research report on Monday, November 14th. JPMorgan Chase & Co. upped their price objective on shares of Beazley from GBX 800 ($9.46) to GBX 835 ($9.87) in a research note on Monday, November 14th. Berenberg Bank upped their price objective on shares of Beazley from GBX 685 ($8.10) to GBX 720 ($8.51) in a research note on Monday, October 24th. Finally, Royal Bank of Canada increased their price target on shares of Beazley from GBX 675 ($7.98) to GBX 775 ($9.16) in a research report on Monday, November 14th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Beazley currently has an average rating of Moderate Buy and a consensus price target of $667.57.

Beazley Price Performance

OTCMKTS BZLYF opened at $7.79 on Tuesday. The company’s fifty day simple moving average is $7.16 and its 200-day simple moving average is $6.56. Beazley has a 52 week low of $4.91 and a 52 week high of $7.79.

Beazley Company Profile

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Beazley plc provides risk insurance and reinsurance solutions in the United States, Europe, and internationally. Its Cyber & Executive Risk segment underwrites management liabilities, such as employment practices risks and directors and officers, cyber and technology, and media and business services.

Further Reading

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Analyst Recommendations for Beazley (OTCMKTS:BZLYF)

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