Hiscox Ltd (HSX) Receives GBX 1,120.22 Average PT from Analysts
Shares of Hiscox Ltd (LON:HSX) have earned an average rating of “Hold” from the twelve analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 1,141.70 ($14.79).
Several research firms have recently weighed in on HSX. Numis Securities Ltd restated an “add” rating and set a GBX 1,345 ($17.42) price target on shares of Hiscox in a report on Thursday, May 11th. Peel Hunt restated a “reduce” rating and set a GBX 840 ($10.88) price target on shares of Hiscox in a report on Tuesday, May 9th. Macquarie reaffirmed an “outperform” rating and issued a GBX 1,200 ($15.54) price objective on shares of Hiscox in a research note on Tuesday, April 4th. J P Morgan Chase & Co lifted their price objective on Hiscox from GBX 1,155 ($14.96) to GBX 1,250 ($16.19) and gave the stock an “overweight” rating in a research note on Wednesday, May 10th. Finally, Stockdale Securities reaffirmed a “neutral” rating on shares of Hiscox in a research note on Tuesday, April 18th.
In other Hiscox news, insider Colin D. Keogh purchased 2,216 shares of the company’s stock in a transaction on Wednesday, June 14th. The shares were purchased at an average cost of GBX 1,248 ($16.17) per share, with a total value of £27,655.68 ($35,823.42). Also, insider Bronek E. Masojada sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of GBX 1,236 ($16.01), for a total value of £618,000 ($800,518.13).
Hiscox (LON HSX) traded down 0.74% on Tuesday, reaching GBX 1349.00. 305,120 shares of the company’s stock were exchanged. Hiscox has a 52 week low of GBX 978.00 and a 52 week high of GBX 1,378.00. The company’s market cap is GBX 3.86 billion. The stock’s 50 day moving average is GBX 1,234.20 and its 200 day moving average is GBX 1,113.15.
Hiscox Company Profile
Hiscox Limited is a Bermuda-based 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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