Beazley PLC 29.2% potential upside indicated by Berenberg Bank

Beazley PLC with ticker (LON:BEZ) now has a potential upside of 29.2% according to Berenberg Bank.

BEZ.L

Berenberg Bank set a target price of 950 GBX for the company, which when compared to the Beazley PLC share price of 736 GBX at opening today (13/08/2024) indicates a potential upside of 29.2%. Trading has ranged between 486 (52 week low) and 739 (52 week high) with an average of 2,850,443 shares exchanging hands daily. The market capitalisation at the time of writing is £4,709,237,940.

Beazley Plc is a United Kingdom-based global specialist risk insurance and reinsurance company. The Company’s segments include Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks. The Cyber Risks segment underwrites cyber and technology risks. The Digital segment underwrites a variety of marine, contingency and small and medium-sized enterprises (SME) liability risks through digital channels such as e-trading platforms and broker portals. The MAP Risks segment underwrites the marine, portfolio underwriting and political and contingency businesses. The Property Risks segment underwrites first party property risks and reinsurance business. The Specialty Risks segment underwrites a range of liability classes, including employment practices risks and directors and officers, as well as healthcare, lawyers, and international financial institutions. It serves various industries, such as transportation and warehousing industry; tech, media, and telecoms; education, and others.