Hiscox Ltd (HSX) Earns Overweight Rating from JPMorgan Chase & Co.
Several other research analysts have also weighed in on the stock. Peel Hunt reiterated a reduce rating and set a GBX 870 ($10.78) price objective on shares of Hiscox in a report on Monday, October 3rd. Barclays PLC reiterated an underweight rating on shares of Hiscox in a report on Monday, August 1st. Credit Suisse Group AG increased their price objective on shares of Hiscox from GBX 1,160 ($14.37) to GBX 1,180 ($14.62) and gave the stock an outperform rating in a report on Tuesday, July 26th. Shore Capital reiterated a buy rating on shares of Hiscox in a report on Wednesday, October 5th. Finally, Citigroup Inc. reiterated a neutral rating and set a GBX 1,045 ($12.94) price objective on shares of Hiscox in a report on Wednesday, August 24th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 992 ($12.29).
Shares of Hiscox (LON:HSX) opened at 1062.00 on Tuesday. Hiscox has a 12 month low of GBX 896.50 and a 12 month high of GBX 1,106.00. The stock’s 50 day moving average is GBX 1,046.46 and its 200 day moving average is GBX 1,021.81. The stock’s market cap is GBX 2.99 billion.
In other Hiscox news, insider Anne MacDonald acquired 2,823 shares of the firm’s stock in a transaction on Friday, September 30th. The stock was purchased at an average price of GBX 1,041 ($12.89) per share, with a total value of £29,387.43 ($36,402.12). Also, insider Keogh,Colin D acquired 41 shares of the firm’s stock in a transaction on Monday, September 12th. The stock was acquired at an average cost of GBX 1,036 ($12.83) per share, with a total value of £424.76 ($526.15).
Hiscox Company Profile
Hiscox Limited is a Bermuda-based insurer. 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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