Beazley (BEZ) Receives “Overweight” Rating from JPMorgan Chase & Co.

Beazley (LON:BEZ)‘s stock had its “overweight” rating reissued by equities researchers at JPMorgan Chase & Co. in a report released on Friday.

BEZ has been the topic of several other reports. Peel Hunt reiterated a “reduce” rating and issued a GBX 370 ($4.95) target price on shares of Beazley in a report on Thursday, September 7th. Shore Capital reiterated a “buy” rating on shares of Beazley in a report on Friday, September 29th. Berenberg Bank initiated coverage on Beazley in a report on Wednesday, December 13th. They issued a “hold” rating on the stock. Finally, Numis Securities cut Beazley to a “hold” rating in a report on Thursday, October 5th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 373.75 ($5.00).

Shares of Beazley (BEZ) opened at GBX 520 ($6.95) on Friday. Beazley has a twelve month low of GBX 378 ($5.05) and a twelve month high of GBX 541.50 ($7.24). The company has a market capitalization of $2,700.00 and a P/E ratio of 1,625.00.

In other Beazley news, insider Adrian Cox sold 90,004 shares of the stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of GBX 500 ($6.69), for a total transaction of £450,020 ($601,711.46). Also, insider David Roberts purchased 41,300 shares of the business’s stock in a transaction on Monday, December 18th. The shares were acquired at an average price of GBX 486 ($6.50) per share, for a total transaction of £200,718 ($268,375.45).

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