Hiscox Ltd’s Neutral Rating Reaffirmed at JPMorgan Chase & Co. (HSX)
Hiscox Ltd (LON:HSX)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Wednesday, Analyst Ratings.Net reports. They currently have a GBX 620 ($9.69) target price on the stock. JPMorgan Chase & Co.’s price objective indicates a potential downside of 2.13% from the stock’s previous close.
Hiscox Ltd (LON:HSX) opened at 634.50 on Wednesday. Hiscox Ltd has a one year low of GBX 501.91 and a one year high of GBX 668.50. The stock’s 50-day moving average is GBX 639.1 and its 200-day moving average is GBX 591.3. The company’s market cap is £2.242 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America Corp. reiterated an “underperform” rating on shares of Hiscox Ltd (LON:HSX) in a research note to investors on Monday. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox Ltd (LON:HSX) in a research note to investors on Thursday, August 22nd. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Hiscox Ltd (LON:HSX) in a research note to investors on Wednesday, August 21st. They now have a GBX 597 ($9.33) price target on the stock.
Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 562.90 ($8.80).
Hiscox Ltd is a holding company. The Company is a specialist insurer that provides insurance and reinsurance services to its clients in Bermuda, the United Sates, the United Kingdom, Guernsey and Europe.
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