Hiscox Ltd (LON:HSX – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,708.07 and traded as high as GBX 1,888. Hiscox shares last traded at GBX 1,853, with a volume of 2,129,536 shares traded.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 2,000 target price on shares of Hiscox in a research note on Thursday, August 6th. JPMorgan Chase & Co. increased their price objective on shares of Hiscox from GBX 1,800 to GBX 2,050 and gave the stock an “overweight” rating in a report on Friday, July 10th. Citigroup lifted their price objective on shares of Hiscox from GBX 1,611 to GBX 1,846 and gave the company a “neutral” rating in a research report on Thursday, August 6th. Berenberg Bank reissued a “buy” rating and set a GBX 2,150 target price on shares of Hiscox in a research note on Monday, August 24th. Finally, Peel Hunt restated an “add” rating and issued a GBX 1,960 target price on shares of Hiscox in a research report on Wednesday, August 5th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Hiscox has an average rating of “Moderate Buy” and a consensus target price of GBX 1,838.14.
Get Our Latest Stock Report on Hiscox
Hiscox Trading Up 0.6%
Hiscox Company Profile
Hiscox is a global, specialty insurer, listed on the London Stock Exchange and headquartered in Bermuda. We have grown from
our roots as a niche Lloyd’s of London underwriter into a diversified international insurance group operating across direct‑to‑consumer, broker and partner‑distributed retail insurance; large and complex commercial insurance; reinsurance and insurance‑linked strategies.
We currently employ over 3,000 people worldwide across 13 countries and 31 offices. We have a distinctive brand, energised and ambitious teams, a strong balance sheet, and plenty of room to grow in each of our chosen markets and lines of business.
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