Hiscox Ltd (LON:HSX) has been assigned an average recommendation of “Hold” from the twelve brokerages that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,264.56 ($16.91).

A number of research firms have issued reports on HSX. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Hiscox in a research report on Friday. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 910 ($12.17) price target on shares of Hiscox in a research report on Thursday. Shore Capital reaffirmed a “buy” rating on shares of Hiscox in a research report on Monday, October 2nd. Citigroup reaffirmed a “neutral” rating and issued a GBX 1,350 ($18.05) price target on shares of Hiscox in a research report on Thursday, October 12th. Finally, Barclays reaffirmed an “underweight” rating and issued a GBX 1,008 ($13.48) price target on shares of Hiscox in a research report on Tuesday, September 19th.

Hiscox (LON HSX) traded down GBX 17 ($0.23) during mid-day trading on Tuesday, reaching GBX 1,407 ($18.81). The company’s stock had a trading volume of 419,322 shares, compared to its average volume of 455,614. The firm has a market cap of $4,040.00 and a price-to-earnings ratio of 1,715.85. Hiscox has a 52 week low of GBX 988.50 ($13.22) and a 52 week high of GBX 1,478 ($19.76).

In other news, insider Colin D. Keogh purchased 944 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average price of GBX 1,390 ($18.59) per share, for a total transaction of £13,121.60 ($17,544.59). Also, insider Richard Watson sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of GBX 1,450 ($19.39), for a total value of £725,000 ($969,380.93).

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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.

Analyst Recommendations for Hiscox (LON:HSX)

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