Hiscox (LON:HSX)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a report issued on Monday.
HSX has been the subject of several other research reports. Berenberg Bank began coverage on Hiscox in a report on Wednesday, December 13th. They issued a “buy” rating and a GBX 1,580 ($21.83) price objective for the company. Stockdale Securities reissued a “hold” rating and issued a GBX 1,580 ($21.83) price objective on shares of Hiscox in a report on Tuesday, February 6th. Peel Hunt reissued a “reduce” rating and issued a GBX 910 ($12.57) price objective on shares of Hiscox in a report on Thursday, January 4th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,375 ($19.00) price objective on shares of Hiscox in a report on Wednesday, November 8th. Finally, Barclays boosted their price objective on Hiscox from GBX 1,190 ($16.44) to GBX 1,211 ($16.73) and gave the company an “underweight” rating in a report on Monday, December 11th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 1,303.27 ($18.01).
Hiscox (LON HSX) opened at GBX 1,329 ($18.36) on Monday. The stock has a market capitalization of $3,720.00 and a PE ratio of 1,620.73. Hiscox has a fifty-two week low of GBX 1,060 ($14.64) and a fifty-two week high of GBX 1,478 ($20.42).
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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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