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Home / Support and Resistance / Beazley (BEZ.L) 03-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Beazley (BEZ.L) 03-12-19

Will Beazley (BEZ.L) shares break below the 530p support zone, or will it return to highs of 628p (+19%)?

 

  • Currently trading around the 530p support at 527.5p (at time of writing).
  • The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
  • Highs of 628p have been seen in the recent past. Will we see this again? (+19%)
  • Shares -16% from 12-month highs; +7% from 12 month lows.

Latest News

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

 

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