Westhouse Securities reiterated their neutral rating on shares of Beazley (LON: BEZ) in a research report released on Monday morning, Analyst Ratings Network.com reports. Westhouse Securities currently has a GBX 245 ($3.70) price objective on the stock.
Shares of Beazley (LON: BEZ) opened at 239.60 on Monday. Beazley has a 52 week low of GBX 148.10 and a 52 week high of GBX 242.10. The stock’s 50-day moving average is currently GBX 167.6. The company’s market cap is £1.200 billion.
Several other analysts have also recently commented on the stock. Analysts at JP Morgan Cazenove reiterated a neutral rating on shares of Beazley in a research note to investors on Wednesday, July 3rd. They now have a GBX 233 ($3.52) price target on the stock. Separately, analysts at Berenberg Bank downgraded shares of Beazley from a buy rating to a hold rating in a research note to investors on Thursday, June 20th. They now have a GBX 238 ($3.59) price target on the stock, up previously from GBX 232 ($3.50).
Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Beazley presently has an average rating of Hold and a consensus target price of GBX 226.73 ($3.42).
Beazley plc is the parent company of specialist insurance businesses. The Company operates in six segments: Life, accident and health segment, which underwrites life, personal accident and sports risks; Marine segment, which underwrites a range of marine classes, including hull, energy, cargo and specie and war risks; Political risks and contingency segment, which underwrites terrorism, political violence, expropriation and credit risks, as well as contingency and risks associated with contract frustration; Property segment, which underwrites commercial, homeowners’ and engineering property insurance on a worldwide basis; Reinsurance segment specializes in writing property catastrophe, property per risk, aggregate excess of loss and pro-rata business, and Specialty lines segment, which underwrites professional lines, employment practices liability, specialty liability, directors’ and officers’ liability and healthcare.