Beazley PLC 48.1% Potential Upside Indicated by Morgan Stanley

Broker Ratings
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Beazley PLC using EPIC/TICKER code (LON:BEZ) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Morgan Stanley. Beazley PLC are listed in the Financials sector within UK Main Market. Morgan Stanley have set a target price of 505 GBX on its stock. This now indicates the analyst believes there is a possible upside of 48.1% from the opening price of 341 GBX. Over the last 30 and 90 trading days the company share price has decreased 32.6 points and decreased 217 points respectively. The 1 year high stock price is 634 GBX while the year low share price is currently 294.2 GBX.

Beazley PLC has a 50 day moving average of 405.41 GBX and the 200 Day Moving Average price is recorded at 534.98. There are currently 529,964,219 shares in issue with the average daily volume traded being 2,266,445. Market capitalisation for LON:BEZ is £1,732,982,996 GBP.

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    Beazley plc (LON:BEZ) reports a 7% rise in insurance written premiums for the first nine months of 2024, totalling $4,625m, amidst steady premium rates.

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