Hiscox Given Average Rating of “Hold” by Analysts (LON:HSX)
Shares of Hiscox (LON:HSX) have earned a consensus rating of “Hold” from the seventeen ratings firms that are covering the company, Stock Ratings Network.com reports. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 661.53 ($11.13).
Several analysts have recently commented on the stock. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox in a research note on Wednesday. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Hiscox in a research note on Tuesday. They now have a GBX 683 ($11.49) price target on the stock. Finally, analysts at Barclays reiterated an “underweight” rating on shares of Hiscox in a research note on Friday, August 1st. They now have a GBX 607 ($10.21) price target on the stock.
Hiscox (LON:HSX) traded down 0.15% on Thursday, hitting GBX 644.50. 42,772 shares of the company’s stock traded hands. Hiscox has a 52-week low of GBX 646.50 and a 52-week high of GBX 795.715. The stock’s 50-day moving average is GBX 690.1 and its 200-day moving average is GBX 707.2. The company’s market cap is £2.051 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, September 17th. Investors of record on Wednesday, August 6th will be paid a dividend of GBX 7.50 ($0.13) per share. This represents a dividend yield of 1.1%. The ex-dividend date is Wednesday, August 6th.
Hiscox Ltd is a holding company for subsidiaries involved in the business of insurance in the United Kingdom and overseas.
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