Beazley (OTCMKTS:BZLYF) Price Target Raised to GBX 760 at Barclays

Beazley (OTCMKTS:BZLYF – Get Rating) had its price target raised by Barclays from GBX 755 ($9.39) to GBX 760 ($9.45) in a research note released on Monday, The Fly reports.

Several other equities research analysts have also commented on BZLYF. Berenberg Bank boosted their price target on shares of Beazley from GBX 875 ($10.88) to GBX 880 ($10.95) in a report on Monday, May 15th. JPMorgan Chase & Co. boosted their price target on shares of Beazley from GBX 835 ($10.39) to GBX 850 ($10.57) in a report on Monday, May 15th. Royal Bank of Canada lowered their target price on shares of Beazley from GBX 875 ($10.88) to GBX 825 ($10.26) in a research note on Tuesday, March 7th. UBS Group raised shares of Beazley from a sell rating to a buy rating in a research note on Friday, March 31st. Finally, Morgan Stanley lifted their target price on shares of Beazley from GBX 793 ($9.86) to GBX 921 ($11.46) in a research note on Tuesday, March 7th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of Buy and an average target price of $796.00.

Beazley Price Performance

Shares of OTCMKTS BZLYF opened at $7.55 on Monday. The firm has a fifty day moving average of $7.23 and a 200 day moving average of $7.60. Beazley has a one year low of $5.78 and a one year high of $8.35.

Beazley Company Profile

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Beazley Plc acts as an insurer which transacts primarily in commercial lines of business through its subsidiaries and through Lloyd’s syndicates. It operates through the following segments: Marine, Political, Accident & Contingency, Property, Reinsurance, and Specialty Lines. The Marine segment underwrites a broad spectrum of marine classes including hull, energy, cargo and specie, piracy, satellite, aviation, kidnap and ransom, and war risks.