Hiscox (OTCMKTS:HCXLF – Get Free Report) will likely be releasing its resultson Wednesday, August 5th. Analysts expect Hiscox to post earnings of $0.7110 per share and revenue of $2.7313 billion for the quarter.
Hiscox Stock Performance
HCXLF stock opened at $24.50 on Wednesday. The firm has a 50 day moving average of $24.47 and a 200-day moving average of $21.23. Hiscox has a 12-month low of $17.20 and a 12-month high of $25.26.
Wall Street Analysts Forecast Growth
A number of analysts have commented on HCXLF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Hiscox in a research report on Monday, May 11th. Morgan Stanley reissued an “overweight” rating on shares of Hiscox in a research note on Friday, May 15th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.
About Hiscox
Hiscox Ltd is an internationally focused specialist insurer that provides a broad range of property and casualty insurance products to both personal and commercial clients. Through its retail division, the company offers high-net-worth home and art insurance, professional indemnity, cyber liability, and small business solutions. Hiscox also operates a Lloyd’s syndicate to underwrite specialty lines such as kidnap and ransom, marine, and political risk, and maintains a reinsurance and ILS (insurance-linked securities) business based in Bermuda.
The company’s product suite for private clients includes tailored coverage for fine art, collectibles, home contents, and motor vehicles, while its commercial arm serves niche sectors such as technology, media, healthcare, and financial institutions.
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