Peel Hunt restated their reduce rating on shares of Hiscox Ltd (LON:HSX) in a report released on Monday. They currently have a GBX 870 ($11.36) price objective on the stock.

HSX has been the subject of a number of other research reports. Barclays PLC upped their price objective on shares of Hiscox from GBX 684 ($8.93) to GBX 714 ($9.32) and gave the company an underweight rating in a research report on Wednesday, June 29th. Shore Capital reiterated a buy rating on shares of Hiscox in a report on Monday, July 25th. Credit Suisse Group AG reiterated an outperform rating and set a GBX 1,150 ($15.01) target price on shares of Hiscox in a report on Monday, July 4th. Canaccord Genuity increased their target price on Hiscox from GBX 865 ($11.29) to GBX 980 ($12.79) and gave the stock a sell rating in a report on Tuesday, July 26th. Finally, HSBC reiterated a hold rating and set a GBX 972 ($12.69) target price on shares of Hiscox in a report on Wednesday, June 29th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of GBX 993.69 ($12.97).

Hiscox (LON:HSX) traded up 1.13% during trading on Monday, hitting GBX 1074.00. The company had a trading volume of 335,218 shares. The stock’s market capitalization is GBX 3.03 billion. The stock has a 50-day moving average of GBX 1,063.08 and a 200-day moving average of GBX 1,005.45. Hiscox has a one year low of GBX 896.50 and a one year high of GBX 1,106.00.

The company also recently disclosed a dividend, which was paid on Friday, September 9th. Investors of record on Thursday, August 4th were paid a GBX 8.50 ($0.11) dividend. The ex-dividend date was Thursday, August 4th. This represents a yield of 0.8%.

In other news, insider Keogh,Colin D acquired 41 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The shares were acquired at an average cost of GBX 1,036 ($13.52) per share, with a total value of £424.76 ($554.44). Also, insider Watson,Richard sold 96,234 shares of Hiscox stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of GBX 1,084 ($14.15), for a total transaction of £1,043,176.56 ($1,361,671.53).

About Hiscox

Hiscox Limited is a Bermuda-based specialist insurer company. The Company is a holding company for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre.

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