Hiscox Ltd (LON:HSX) has earned an average recommendation of “Hold” from the twelve analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,296.10 ($17.91).
Several research analysts recently issued reports on HSX shares. Barclays reiterated an “underweight” rating and set a GBX 1,211 ($16.73) price target on shares of Hiscox in a research report on Thursday, February 1st. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Hiscox in a research report on Thursday, November 16th. Peel Hunt reiterated a “reduce” rating and set a GBX 910 ($12.57) price target on shares of Hiscox in a research report on Friday, February 2nd. Shore Capital reiterated a “buy” rating on shares of Hiscox in a research report on Tuesday, November 7th. Finally, Stockdale Securities reiterated a “hold” rating and set a GBX 1,580 ($21.83) price target on shares of Hiscox in a research report on Tuesday, February 6th.
Shares of Hiscox (LON:HSX) traded up GBX 6 ($0.08) during midday trading on Wednesday, reaching GBX 1,396 ($19.29). 636,912 shares of the company traded hands, compared to its average volume of 443,897. The firm has a market cap of $4,010.00 and a P/E ratio of 1,702.44. Hiscox has a 1-year low of GBX 1,060 ($14.64) and a 1-year high of GBX 1,478 ($20.42).
In other news, insider Colin D. Keogh acquired 944 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was purchased at an average cost of GBX 1,390 ($19.20) per share, with a total value of £13,121.60 ($18,128.76).
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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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