Beazley (LON:BEZ) Insider Paul Bantick Sells 18,360 Shares

Beazley plc (LON:BEZ) insider Paul Bantick sold 18,360 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of GBX 1,289, for a total value of £236,660.40.

Beazley Trading Up 0.2%

BEZ stock opened at GBX 1,290 on Friday. The company has a market cap of £7.60 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 1.57 and a beta of 0.29. The stock has a 50-day moving average price of GBX 1,094.99 and a two-hundred day moving average price of GBX 934.57. Beazley plc has a 12-month low of GBX 750 and a 12-month high of GBX 1,293.

Analysts Set New Price Targets

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

About Beazley

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.