Beazley (LON:BEZ) hits new 1-year high at $790.00

Beazley plc (LON:BEZ – Get Free Report )’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 790 ($10.58) and last traded at GBX 787 ($10.54), with a volume of 2763001 shares trading hands. The stock had previously closed at GBX 770.50 ($10.32).

Analysts on Wall Street are forecasting an increase

A number of brokerages have recently issued reports on BEZ. Jefferies Financial Group reiterated a “buy” rating and set a GBX 975 ($13.06) target price on shares of Beazley in a research report on Wednesday, May 29th. Berenberg Bank upped their target price on shares of Beazley from GBX 880 ($11.78) to GBX 950 ($12.72) and gave the stock a “buy” rating in a report on Thursday, August 8th. Five research analysts have rated the stock with a buy rating. The stock has a consensus rating of “Buy” and an average price target of GBX 943 ($12.63), based on data from MarketBeat.

Read our latest review of Beazley

Beazley price performance

The company’s 50-day moving average is GBX 724.20, and its 200-day moving average is GBX 689.25. The company has a debt-to-equity ratio of 14.99, a current ratio of 21.78, and a quick ratio of 6.45. The company has a market cap of £4.95 billion, a P/E ratio of 537.93, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

About Beazley

(Get a free report)

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, the rest of Europe and internationally. It operates through the segments Cyber ​​Risks, Digital Risks, MAP Risks, Real Estate Risks and Specialty Risks. The Cyber ​​Risk segment insures cyber and technological risks.

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