Beazley (BEZ.L) 13-01-20
Shares in Beazley (BEZ.L) have fallen dramatically from recent highs of 628p. Will it continue, or is this an opportunity to pick up a bargain?
- Now trading at 541p (at time of writing). A return to previous highs would represent a rise of 16%.
- This stock is one of the most significant fallers in the period.
- Is the trend your friend, or is a bounce imminent?
- The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
- Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
- Shares -13% from 12-month highs; +9% from 12 month lows.
11 Dec: RBC Capital Markets reiterates its outperform rating on Beazley (BEZ) and reduced the target price to 600p (from 650p).
04 Dec: Sally Lake, Executive Director, bought 1,888 shares in the firm on the 4th December 2019 at a price of 534.17p. This Director currently has 1,888 shares.
28 Nov: Jefferies International reiterates its buy rating on Beazley (BEZ) and reduced the target price to 616p (from 665p).
14 Nov: David Roberts, Chairman, bought 9,450 shares in the firm on the 13th November 2019 at a price of 531.85p. This Director currently has 50,750 shares.
12 Nov: Peel Hunt reiterates its reduce rating on Beazley (BEZ) and reduced the target price to 450p (from 460p).
11 Nov: UBS reiterates its buy rating on Beazley (BEZ) and reduced the target price to 630p (from 650p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires