November 23, 2016 - By olga
London: In a note revealed on Wednesday morning, Canaccord Genuity maintained their “Buy” rating on shares of Beazley PLC (LON:BEZ). They currently have a GBX 450.00 TP on the company. Canaccord Genuity’s target indicates a potential upside of 17.11% from the company’s last stock close.
Out of 12 analysts covering Beazley PLC (LON:BEZ), 7 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 58% are positive. GBX 465 is the highest target while GBX 283 is the lowest. The GBX 400.20 average target is 3.81% above today’s (GBX 385.5) stock price. Beazley PLC has been the topic of 76 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Thursday, November 12 by Numis Securities. The rating was maintained by JP Morgan with “Overweight” on Friday, November 11. The stock of Beazley PLC (LON:BEZ) earned “Overweight” rating by JP Morgan on Wednesday, July 20. JP Morgan maintained it with “Overweight” rating and GBX 350 target price in Monday, July 27 report. Peel Hunt maintained the stock with “Hold” rating in Friday, July 22 report. Canaccord Genuity maintained the shares of BEZ in a report on Thursday, November 12 with “Hold” rating. As per Monday, July 27, the company rating was maintained by UBS. The firm has “Add” rating by Numis Securities given on Thursday, July 23. UBS maintained the stock with “Neutral” rating in Thursday, February 4 report. The stock of Beazley PLC (LON:BEZ) has “Overweight” rating given on Monday, November 30 by JP Morgan.
About 216,472 shares traded hands. Beazley PLC (LON:BEZ) has risen 18.10% since April 25, 2016 and is uptrending. It has outperformed by 12.77% the S&P500.
Beazley plc is a holding company for the Beazley group, which is engaged in the specialist risk insurance and reinsurance business. The company has a market cap of 2.01 billion GBP.
More news for Beazley PLC (LON:BEZ) were recently published by: Fool.Co.Uk, which released: “Should You Buy Beazley PLC, WM Morrison Supermarkets PLC & Beowulf Mining plc …” on February 25, 2016. Fool.Co.Uk‘s article titled: “4 Stunning Dividend Stocks: SSE PLC, BAE Systems plc, Beazley PLC And Amlin plc” and published on January 16, 2015 is yet another important article.
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