Beazley (LON:BEZ) Shares Cross Above Two Hundred Day Moving Average of $685.26

Beazley plc (LON:BEZ) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 685.26 ($9.05) and traded as high as GBX 779 ($10.29). Beazley shares last traded at GBX 768 ($10.15), with a volume of 1,324,718 shares trading hands.

Analyst Ratings Changes

BEZ has been the subject of a number of recent research reports. Berenberg Bank lifted their price objective on Beazley from GBX 880 ($11.62) to GBX 950 ($12.55) and gave the company a “buy” rating in a research note on Thursday, August 8th. Jefferies Financial Group restated a “buy” rating and issued a GBX 975 ($12.88) price target on shares of Beazley in a research note on Wednesday, May 29th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 943 ($12.46).

Beazley Trading Down 0.1 %

The company has a 50 day moving average of GBX 715.14 and a two-hundred day moving average of GBX 685.26. The company has a debt-to-equity ratio of 14.99, a quick ratio of 6.45 and a current ratio of 21.78. The stock has a market cap of £4.84 billion, a PE ratio of 518.92, a price-to-earnings-growth ratio of 1.57 and a beta of 0.68.

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.