Hiscox Given Consensus Recommendation of “Hold” by Brokerages (LON:HSX)
Shares of Hiscox (LON:HSX) have been given a consensus rating of “Hold” by the sixteen analysts that are currently covering the company, AmericanBankingNews.com reports. Six analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 653.83 ($11.13).
Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Hiscox in a research note on Wednesday. They now have a GBX 655 ($11.15) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox in a research note on Monday, June 16th. Finally, analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox in a research note on Thursday, June 5th.
Hiscox (LON:HSX) opened at 670.50 on Wednesday. Hiscox has a 52-week low of GBX 588.202 and a 52-week high of GBX 795.715. The stock has a 50-day moving average of GBX 694.4 and a 200-day moving average of GBX 719.7. The company’s market cap is £2.119 billion.
Hiscox Ltd is a holding company for subsidiaries involved in the business of insurance in the United Kingdom and overseas.
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