Beazley’s (BEZ) Reduce Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their reduce rating on shares of Beazley (LON:BEZ) in a research report sent to investors on Thursday.

BEZ has been the topic of several other reports. JPMorgan Chase & Co. dropped their target price on Beazley from GBX 670 ($8.75) to GBX 650 ($8.49) and set an overweight rating on the stock in a research note on Friday, November 9th. Shore Capital restated an under review rating on shares of Beazley in a research note on Thursday, November 8th. UBS Group restated a neutral rating and set a GBX 580 ($7.58) target price (up from GBX 560 ($7.32)) on shares of Beazley in a research note on Tuesday, November 20th. Royal Bank of Canada restated a top pick rating on shares of Beazley in a research note on Monday, October 15th. Finally, Canaccord Genuity dropped their target price on Beazley from GBX 685 ($8.95) to GBX 610 ($7.97) and set a buy rating on the stock in a research note on Friday, November 9th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of Buy and a consensus price target of GBX 576.25 ($7.53).

Shares of BEZ stock opened at GBX 559 ($7.30) on Thursday. Beazley has a 1-year low of GBX 422.15 ($5.52) and a 1-year high of GBX 579 ($7.57).

About Beazley

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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