Beazley (LON:BEZ) Insider Adrian Cox Sells 77,032 Shares

Beazley plc (LON:BEZ) insider Adrian Cox sold 77,032 shares of Beazley stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of GBX 1,289, for a total value of £992,942.48.

Beazley Trading Up 0.2%

Shares of Beazley stock opened at GBX 1,290 on Friday. The company has a fifty day moving average price of GBX 1,094.99 and a 200 day moving average price of GBX 934.57. The stock has a market cap of £7.60 billion, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 1.57 and a beta of 0.29. Beazley plc has a twelve month low of GBX 750 and a twelve month high of GBX 1,293.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BEZ. Citigroup cut shares of Beazley to a “neutral” rating and increased their price target for the stock from GBX 1,025 to GBX 1,280 in a research report on Thursday, January 22nd. Peel Hunt restated an “add” rating and set a GBX 900 price objective on shares of Beazley in a research note on Tuesday, November 25th. JPMorgan Chase & Co. reduced their target price on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Berenberg Bank decreased their target price on Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Finally, Jefferies Financial Group upped their price target on Beazley from GBX 1,000 to GBX 1,040 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,074.17.

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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.