Hiscox Ltd (LON:HSX) was upgraded by equities researchers at Numis Securities Ltd to a ” add” rating in a research note issued to investors on Thursday. The firm currently has a GBX 1,225 ($15.30) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 15.13% from the stock’s current price.

A number of other research analysts have also issued reports on the company. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,125 ($14.06) target price on shares of Hiscox in a report on Tuesday, November 8th. Peel Hunt reissued a “reduce” rating and issued a GBX 870 ($10.87) target price on shares of Hiscox in a report on Monday, November 7th. Barclays PLC reissued an “underweight” rating and issued a GBX 904 ($11.29) target price on shares of Hiscox in a report on Monday, October 31st. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 1,180 ($14.74) target price on shares of Hiscox in a report on Friday, October 7th. Finally, Shore Capital restated a “buy” rating on shares of Hiscox in a research note on Wednesday, October 5th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 1,026.73 ($12.83).

Analyst Recommendations for Hiscox (LON:HSX)

Shares of Hiscox (LON:HSX) traded up 0.19% during mid-day trading on Thursday, hitting GBX 1066.00. The company’s stock had a trading volume of 602,665 shares. The company’s market cap is GBX 3.00 billion. The stock has a 50-day moving average of GBX 1,046.43 and a 200-day moving average of GBX 1,032.80. Hiscox has a 12-month low of GBX 896.50 and a 12-month high of GBX 1,106.00.

In related news, insider Keogh,Colin D acquired 41 shares of Hiscox stock in a transaction dated Monday, September 12th. The shares were acquired at an average cost of GBX 1,036 ($12.94) per share, for a total transaction of £424.76 ($530.68). Also, insider Anne MacDonald acquired 2,823 shares of Hiscox stock in a transaction dated Friday, September 30th. The stock was bought at an average price of GBX 1,041 ($13.01) per share, for a total transaction of £29,387.43 ($36,715.93).

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About Hiscox

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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