Credit Suisse Group AG reaffirmed their outperform rating on shares of Hiscox Ltd (LON:HSX) in a research report released on Friday. They currently have a GBX 1,180 ($15.40) target price on the stock.
Several other analysts have also issued reports on the stock. Shore Capital reiterated a buy rating on shares of Hiscox in a research report on Monday, July 25th. HSBC reiterated a hold rating and set a GBX 972 ($12.69) price target on shares of Hiscox in a research report on Wednesday, June 29th. Citigroup Inc. reiterated a neutral rating and set a GBX 1,045 ($13.64) price target on shares of Hiscox in a research report on Wednesday, August 24th. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 1,125 ($14.68) target price on shares of Hiscox in a research report on Monday, August 1st. Finally, Peel Hunt restated a reduce rating and issued a GBX 830 ($10.83) target price on shares of Hiscox in a research report on Monday, July 4th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 993.69 ($12.97).
Hiscox (LON:HSX) traded up 0.58% on Friday, reaching GBX 1043.00. 146,791 shares of the company traded hands. Hiscox has a 52-week low of GBX 896.50 and a 52-week high of GBX 1,106.00. The stock has a 50-day moving average of GBX 1,060.49 and a 200 day moving average of GBX 1,007.27. The company’s market capitalization is GBX 2.94 billion.
In other Hiscox news, insider Keogh,Colin D acquired 41 shares of Hiscox stock in a transaction dated Monday, September 12th. The stock was purchased at an average cost of GBX 1,036 ($13.52) per share, for a total transaction of £424.76 ($554.44). Also, insider Watson,Richard sold 96,234 shares of Hiscox stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of GBX 1,084 ($14.15), for a total transaction of £1,043,176.56 ($1,361,671.53).
Hiscox Limited is a Bermuda-based specialist 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.
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.