Nomura Reiterates “Buy” Rating for Hiscox (HSX)
Hiscox (LON:HSX)‘s stock had its “buy” rating restated by equities research analysts at Nomura in a research note issued to investors on Thursday. They currently have a GBX 797.75 ($13.59) price target on the stock. Nomura’s price objective indicates a potential upside of 11.96% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox in a research note on Friday, June 27th. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Hiscox in a research note on Wednesday, June 25th. They now have a GBX 655 ($11.16) price target on the stock. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of GBX 653.83 ($11.14).
Hiscox (LON:HSX) opened at 724.50 on Thursday. Hiscox has a one year low of GBX 616.292 and a one year high of GBX 795.715. The stock has a 50-day moving average of GBX 689.1 and a 200-day moving average of GBX 717.4. The company’s market cap is £2.289 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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