Which way are this FTSE 100 insurer’s shares heading?
Independent analyst Alistair Strang examines prospects for a blue-chip stock that plunged a month ago after posting forecast-beating half-year figures.
10th September 2025 07:53
by Alistair Strang from Trends and Targets
When we reviewed Beazley (LSE:BEZ) just a couple of months ago, we used our “cover yourself” final paragraph to give some potentials if the share price dropped.
Guess what? The drop triggered, the share price exactly hitting our drop target at 762p. Will it bounce?
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Source: Trends and Targets. Past performance is not a guide to future performance.
Visually, the immediate situation with Beazley’s share price is fairly encouraging, although - perhaps oddly - we wish it hadn’t actually hit our drop target exactly as we’re generally happier if a price bounces before a target. Such a demonstration implies some strength, but in this instance, there’s a problem.
Apparently, above 800p should now bring movement to an initial 832p with our secondary, if beaten, an eventual 902p. This sort of projection, while sounding impressive, has a major problem as the share price needs above 918p to signify happy days ahead.
Source: Trends and Targets. Past performance is not a guide to future performance.
In such an instance, we will feel able to discuss a long-term target at 1064p, but unless the market starts gapping the share price upward at the open, this seems a naive ambition.
Should things intend to go wrong, below 762 would now be problematic as it allows weakness to an initial 722p with our secondary, if broken, an eventual bottom of 637p, a target level we’d hope the share actually bounces before.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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