Beazley (LON:BEZ) Trading 40.5% Higher – Should You Buy?

Beazley plc (LON:BEZ)’s stock price shot up 40.5% on Monday . The stock traded as high as GBX 1,195 and last traded at GBX 1,152.45. 15,440,655 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 7,449,580 shares. The stock had previously closed at GBX 820.

More Beazley News

Here are the key news stories impacting Beazley this week:

• Positive Sentiment: Takeover interest raises chance of a takeover premium or renewed, improved offers, which could push BEZ’s valuation above current trading levels. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom
• Neutral Sentiment: Announcement increases near‑term volume and volatility; the move may attract activist or rival bidders but also could simply be preliminary talk that does not lead to a deal. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom
• Negative Sentiment: Rejection of the initial bid signals the offer was too low; until a firm, attractive proposal emerges there is uncertainty that could weigh on the stock and prompt short‑term trading swings. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BEZ shares. Peel Hunt restated an “add” rating and issued a GBX 900 price objective on shares of Beazley in a report on Tuesday, November 25th. Royal Bank Of Canada increased their target price on Beazley from GBX 1,000 to GBX 1,100 and gave the company an “outperform” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. cut their price target on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Berenberg Bank decreased their price target on Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating for the company in a report on Wednesday, November 26th. Finally, Jefferies Financial Group increased their price objective on Beazley from GBX 1,000 to GBX 1,040 and gave the company a “buy” rating in a report on Wednesday, November 12th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Beazley has a consensus rating of “Buy” and a consensus target price of GBX 1,033.

Beazley Trading Up 40.5%

The firm has a market capitalization of £6.79 billion, a PE ratio of 7.63, a P/E/G ratio of 1.57 and a beta of 0.68. The company has a fifty day moving average price of GBX 834.24 and a two-hundred day moving average price of GBX 857.33.

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.