Berenberg Bank Reiterates “Buy” Rating for Beazley (LON:BEZ)

Berenberg Bank reiterated their buy rating on shares of Beazley (LON:BEZ) in a report issued on Monday morning, Marketbeat.com reports. The firm currently has a GBX 1,150 ($15.43) target price on the stock.

Beazley Price Performance

Shares of LON:BEZ opened at GBX 907.66 ($12.18) on Monday. The stock has a market capitalization of £6.98 billion, a price-to-earnings ratio of 5.68, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. Beazley has a fifty-two week low of GBX 611 ($8.20) and a fifty-two week high of GBX 983.50 ($13.20). The business’s fifty day moving average price is GBX 920.84 and its two-hundred day moving average price is GBX 881.80.

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.