Beazley (BEZ) Given Buy Rating at Canaccord Genuity

Beazley (LON:BEZ)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Monday. They presently have a GBX 610 ($7.97) target price on the stock. Canaccord Genuity’s target price indicates a potential upside of 21.51% from the stock’s current price.

BEZ has been the topic of a number of other reports. Peel Hunt reaffirmed a “reduce” rating on shares of Beazley in a research report on Thursday, November 8th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Beazley in a research report on Thursday, November 15th. Royal Bank of Canada reaffirmed a “top pick” rating on shares of Beazley in a research report on Monday, October 15th. Shore Capital reaffirmed an “under review” rating on shares of Beazley in a research report on Thursday. Finally, UBS Group reaffirmed a “neutral” rating and set a GBX 580 ($7.58) price target (up from GBX 560 ($7.32)) on shares of Beazley in a research report on Tuesday, November 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 585 ($7.64).

BEZ stock traded down GBX 6.50 ($0.08) during midday trading on Monday, reaching GBX 502 ($6.56). 2,176,570 shares of the company’s stock traded hands, compared to its average volume of 2,070,000. Beazley has a fifty-two week low of GBX 422.15 ($5.52) and a fifty-two week 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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