Hiscox Ltd (LON:HSX) Receives GBX 1,187.45 Average PT from Analysts

Hiscox Ltd (LON:HSX) has been assigned an average rating of “Hold” from the thirteen brokerages that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,187.45 ($15.46).

Several research analysts recently weighed in on HSX shares. Numis Securities Ltd restated an “add” rating and set a GBX 1,345 ($17.52) price target on shares of Hiscox in a report on Thursday, May 11th. Shore Capital restated a “buy” rating on shares of Hiscox in a report on Tuesday, May 9th. Morgan Stanley started coverage on shares of Hiscox in a report on Tuesday, July 25th. They set an “equal weight” rating and a GBX 1,380 ($17.97) price target on the stock. Credit Suisse Group cut shares of Hiscox to a “neutral” rating and boosted their price target for the stock from GBX 1,180 ($15.37) to GBX 1,305 ($16.99) in a report on Tuesday, July 18th. Finally, Citigroup Inc. restated a “neutral” rating and set a GBX 1,330 ($17.32) price target on shares of Hiscox in a report on Friday, July 14th.

TRADEMARK VIOLATION WARNING: This report was published by BNB Daily and is owned by of BNB Daily. If you are reading this report on another site, it was illegally stolen and republished in violation of US & international copyright & trademark law. The correct version of this report can be viewed at https://www.baseball-news-blog.com/2017/08/19/hiscox-ltd-lonhsx-receives-gbx-1187-45-average-pt-from-analysts-updated.html.

In related news, insider Colin D. Keogh acquired 2,216 shares of the stock in a transaction on Wednesday, June 14th. The shares were acquired at an average price of GBX 1,248 ($16.25) per share, with a total value of £27,655.68 ($36,014.69). Also, insider Bronek E. Masojada sold 50,000 shares of Hiscox stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of GBX 1,236 ($16.10), for a total transaction of £618,000 ($804,792.29).

Shares of Hiscox (LON:HSX) traded down 0.66% during midday trading on Friday, hitting GBX 1364.00. 216,952 shares of the stock were exchanged. Hiscox has a 1-year low of GBX 978.00 and a 1-year high of GBX 1,378.00. The firm’s 50 day moving average is GBX 1,317.32 and its 200-day moving average is GBX 1,174.50. The stock’s market capitalization is GBX 3.86 billion.

About Hiscox

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)

Receive News & Ratings for Hiscox Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hiscox Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply