Beazley (LON:BEZ – Get Free Report) had its target price upped by stock analysts at Royal Bank of Canada from GBX 975 ($12.25) to GBX 1,000 ($12.56) in a research report issued on Tuesday, MarketBeat.com reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 51.75% from the stock’s previous close.
A number of other equities research analysts have also recently commented on BEZ. Berenberg Bank reiterated a “buy” rating and set a GBX 880 ($11.05) target price on shares of Beazley in a report on Thursday, March 7th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Beazley in a report on Tuesday, April 9th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, Beazley currently has an average rating of “Buy” and a consensus price target of GBX 874 ($10.98).
Get Our Latest Research Report on Beazley
Beazley Price Performance
Insider Activity at Beazley
In related news, insider Adrian Cox sold 26,323 shares of Beazley stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of GBX 646 ($8.11), for a total value of £170,046.58 ($213,599.52). In other Beazley news, insider Sally Lake sold 7,500 shares of the business’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of GBX 671 ($8.43), for a total transaction of £50,325 ($63,214.42). Also, insider Adrian Cox sold 26,323 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of GBX 646 ($8.11), for a total value of £170,046.58 ($213,599.52). 2.20% of the stock is owned by insiders.
Beazley Company Profile
Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of 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.
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