Beazley (LON:BEZ) Insider Sells £236,660.40 in Stock

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 Price Performance

BEZ stock opened at GBX 1,290 on Monday. Beazley plc has a 1-year low of GBX 750 and a 1-year high of GBX 1,293. The business has a fifty day moving average price of GBX 1,094.99 and a 200-day moving average price of GBX 936.57. The stock has a market capitalization of £7.60 billion, a P/E ratio of 8.54, a P/E/G ratio of 1.57 and a beta of 0.29.

Wall Street Analyst Weigh In

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