Beazley (LON:BEZ) Trading 40.5% Higher – What’s Next?

Beazley plc (LON:BEZ)’s share price traded up 40.5% during mid-day trading on Monday . The stock traded as high as GBX 1,195 and last traded at GBX 1,152.45. 15,440,655 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 7,449,580 shares. The stock had previously closed at GBX 820.

Key Stories Impacting Beazley

Here are the key news stories impacting Beazley this week:

• Positive Sentiment: Takeover interest raises chance of a takeover premium or renewed, improved offers, which could push BEZ’s valuation above current trading levels. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom
• Neutral Sentiment: Announcement increases near‑term volume and volatility; the move may attract activist or rival bidders but also could simply be preliminary talk that does not lead to a deal. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom
• Negative Sentiment: Rejection of the initial bid signals the offer was too low; until a firm, attractive proposal emerges there is uncertainty that could weigh on the stock and prompt short‑term trading swings. Beazley Rejects Initial Zurich Approach as Takeover Talks Loom

Analyst Ratings Changes

Several brokerages have issued reports on BEZ. Peel Hunt reissued an “add” rating and issued a GBX 900 price objective on shares of Beazley in a research note on Tuesday, November 25th. JPMorgan Chase & Co. reduced their price target on Beazley from GBX 1,050 to GBX 1,025 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Jefferies Financial Group boosted their price objective on Beazley from GBX 1,000 to GBX 1,040 and gave the company a “buy” rating in a report on Wednesday, November 12th. Berenberg Bank cut their price objective on Beazley from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Finally, Royal Bank Of Canada lifted their target price on Beazley from GBX 1,000 to GBX 1,100 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 1,033.

Beazley Stock Performance

The firm has a fifty day simple moving average of GBX 834.24 and a 200 day simple moving average of GBX 857.33. The company has a market capitalization of £6.79 billion, a PE ratio of 7.63, a P/E/G 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. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business.