Hiscox Ltd (LON:HSX – Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,687.68 and traded as high as GBX 1,869. Hiscox shares last traded at GBX 1,868, with a volume of 714,603 shares.
Analysts Set New Price Targets
Several research analysts have recently commented on HSX shares. Berenberg Bank reiterated a “buy” rating and set a GBX 2,150 price target on shares of Hiscox in a report on Monday, August 24th. Jefferies Financial Group restated an “underperform” rating and set a GBX 1,148 price objective on shares of Hiscox in a research report on Thursday, May 7th. JPMorgan Chase & Co. raised their price objective on shares of Hiscox from GBX 1,800 to GBX 2,050 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,000 target price on shares of Hiscox in a research note on Thursday, August 6th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 1,960 target price on shares of Hiscox in a report on Wednesday, August 5th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Hiscox currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,838.14.
Check Out Our Latest Stock Analysis on HSX
Hiscox Stock Performance
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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