Hiscox Given Consensus Rating of “Hold” by Brokerages (LON:HSX)
Hiscox (LON:HSX) has received an average recommendation of “Hold” from the seventeen brokerages that are currently covering the company, StockRatingsNetwork reports. Five equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 661.53 ($11.10).
A number of analysts have recently weighed in on HSX shares. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox in a research note on Wednesday, August 6th. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Hiscox in a research note on Tuesday, August 5th. They now have a GBX 683 ($11.46) 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 ($10.18) price target on the stock.
Shares of Hiscox (LON:HSX) opened at 642.00 on Thursday. Hiscox has a 52 week low of GBX 632.00 and a 52 week high of GBX 795.715. The stock’s 50-day moving average is GBX 689. and its 200-day moving average is GBX 706.3. The company’s market cap is £2.043 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, September 17th. Investors of record on Wednesday, August 6th will be given a dividend of GBX 7.50 ($0.13) per share. This represents a yield of 1.1%. The ex-dividend date of this dividend 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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