Beazley (LON:BEZ) Reaches New 1-Year High at $790.00

Beazley plc (LON:BEZ) reached a new 52-week high during mid-day 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).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their price target on shares of Beazley from GBX 880 ($11.78) to GBX 950 ($12.72) and gave the company a “buy” rating in a research note on Thursday, August 8th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 943 ($12.63).

Beazley Stock Down 2.4 %

The company has a market cap of £4.83 billion, a P/E ratio of 530.00, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68. 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 stock has a fifty day moving average price of GBX 726.27 and a two-hundred day moving average price of GBX 689.94.

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.