Beazley (LON:BEZ) Now Covered by Analysts at Berenberg Bank

Research analysts at Berenberg Bank assumed coverage on shares of Beazley (LON:BEZ - Get Free Report) in a research note issued on Thursday,London Stock Exchange reports. The firm set a "buy" rating and a GBX 1,150 ($15.52) price target on the stock. Berenberg Bank's target price points to a potential upside of 21.31% from the company's previous close.Beazley Price PerformanceBEZ traded up GBX 17 ($0.23) during trading on Thursday, hitting GBX 948 ($12.80). The stock had a trading volume of 1,791,836 shares, compared to its average volume of 5,287,856. The company has a 50 day moving average price of GBX 897.53 and a 200-day moving average price of GBX 850.23. Beazley has a one year low of GBX 611 ($8.25) and a one year high of GBX 957 ($12.92). The firm has a market cap of £7.29 billion, a price-to-earnings ratio of 5.93, a P/E/G ratio of 1.57 and a beta of 0.68. Beazley (LON:BEZ - Get Free Report) last released its quarterly earnings results on Tuesday, March 4th. The company reported GBX 137 ($1.85) EPS for the quarter. Beazley had a net margin of 22.82% and a return on equity of 32.60%. As a group, sell-side analysts predict that Beazley will post 101.6172507 EPS for the current fiscal year. Beazley declared that its Board of Directors has approved a stock repurchase plan on Tuesday, March 4th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued. Insider Buying and SellingIn other Beazley news, insider Adrian Cox sold 27,772 shares of Beazley stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of GBX 902 ($12.17), for a total value of £250,503.44 ($338,106.95). 2.31% of the stock is currently owned by company insiders. About Beazley (Get Free Report)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.See AlsoFive stocks we like better than Beazley2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Ackman Takes a Swing at Amazon — Should You? Technology Stocks Explained: Here's What to Know About TechTaiwan Semiconductor: Time to Buy After Strong NVIDIA Results?Low PE Growth Stocks: Unlocking Investment Opportunitiese.l.f. Beauty Sees Record Surge After Earnings, Rhode DealThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Beazley Right Now?Before you consider Beazley, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Beazley wasn't on the list.While Beazley currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here