Tuesday broker round-up
10th Nov 2020 13:17
(Sharecast News) - On the Beach: Citigroup downgrades to neutral with a target price of 370p.
Read moreBarclays starts Beazley at 'overweight'
10th Nov 2020 11:21
(Sharecast News) - Barclays initiated coverage of Beazley at 'overweight' on Tuesday with a 391p price target, arguing that it's "a rare example of a growth play in insurance".
Read moreBeazley sees underwriting loss, sets aside $80m for catastrophe claims
6th Nov 2020 07:02
(Sharecast News) - Global insurer Beazley forecast an underwriting loss for the year and set aside $80m to pay out catastrophe claims, adding that gross written premiums rose 16% in the year to date driven by rate increases across all divisions.
Read moreMorgan Stanley downgrades Beazley, cites limited upside
26th Oct 2020 13:14
(Sharecast News) - Morgan Stanley downgraded its stance on insurer Beazley to 'equalweight' from 'overweight' and cut the price target to 350p from 550p as it said the company's limited financial flexibility will leave the cost of equity at elevated levels and limit the upside.
Read moreTuesday broker round-up
22nd Sep 2020 13:28
(Sharecast News) - Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900.0p.
Read moreBeazley expects Covid-19 claims to double to $340m
22nd Sep 2020 07:47
(Sharecast News) - Beazley said on Tuesday that Covid-19 claims are set to be twice what it previously expected, mainly due to event cancellation losses.
Read moreFriday broker round-up
24th Jul 2020 13:59
(Sharecast News) - Unilever: Barclays upgrades to overweight with a target price of 5,470.0p.
Read moreBeazley swings to first-half loss due to Covid claims
23rd Jul 2020 08:30
(Sharecast News) - Insurer Beazley said on Thursday that it swung to a loss in the first half due to coronavirus-related claims.
Read moreTuesday broker round-up
30th Jun 2020 14:20
(Sharecast News) - Paragon: Canaccord upgrades to buy with a target price of 454.0p.
Read moreLancashire's fundraising shows growth potential, JP Morgan says
10th Jun 2020 15:51
(Sharecast News) - Lancashire's £277m capital raising demonstrates the company's growth potential and ability to capitalise on a hardening market, JP Morgan said as it reiterated its 'overweight' rating on the Lloyds's of London insurer.
Read moreThursday broker round-up
21st May 2020 13:24
(Sharecast News) - Experian: RBC Capital Markets downgrades to sector performer with a target price of 2,700p.
Read moreBeazley raises £247m 'to support ongoing organic growth'
19th May 2020 09:27
(Sharecast News) - Insurer Beazley said on Tuesday that it had raised £247m in a placing "to continue to support ongoing organic growth".
Read moreBeazley to tap markets to finance organic growth
18th May 2020 17:16
(Sharecast News) - Beazley will raise £247m via an accelerated share sale for roughly 15% of the company's capital to continue financing organic growth.
Read moreThursday broker round-up
7th May 2020 13:55
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 212p.
Read moreLancashire on course to weather Covid-19 storm
30th Apr 2020 10:32
(Sharecast News) - Lloyd's of London syndicate Lancashire Holdings reported a 12% jump in quarterly premiums on Thursday, and insisted its business model would help it navigate the global disruption caused by Covid-19.
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