Beazley (OTCMKTS:BZLYF) Trading Down 1% – Should You Sell?

Beazley plc (OTCMKTS:BZLYF) was down 1% during trading on Tuesday . The company traded as low as $16.53 and last traded at $16.53. Approximately 440 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 11,571 shares. The stock had previously closed at $16.6975.

Analysts Set New Price Targets

BZLYF has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Beazley in a research note on Wednesday, January 7th. Citigroup downgraded shares of Beazley to a “neutral” rating in a research note on Wednesday, January 21st. Finally, Jefferies Financial Group cut shares of Beazley to a “hold” rating in a report on Thursday, February 5th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Beazley presently has an average rating of “Moderate Buy”.

Beazley Stock Performance

The business’s fifty day moving average price is $13.21 and its 200-day moving average price is $12.05.

Beazley Company Profile

Beazley PLC is a specialist insurer and reinsurer headquartered in London, operating as a Lloyd’s syndicate manager (Syndicate 2623) and a publicly listed company on the London Stock Exchange. Established in 1986, Beazley has built a reputation for underwriting expertise across a range of specialty lines, offering tailored risk solutions to clients worldwide. The company’s shares trade in the United States on the OTC market under the ticker BZLYF.

The firm’s core business activities span five principal divisions: Property, Marine, Political Risk & Crisis Management, Reinsurance, and Specialty Lines.