Westhouse Securities Reiterates “Neutral” Rating for Hiscox (HSX)
Shares of Hiscox (LON:HSX) traded up 0.38% during mid-day trading on Thursday, hitting GBX 654.50. The stock had a trading volume of 143,714 shares. Hiscox has a 52-week low of GBX 632.00 and a 52-week high of GBX 795.715. The stock has a 50-day moving average of GBX 686.0 and a 200-day moving average of GBX 704.4. The company’s market cap is £2.083 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.
Several other analysts have also recently commented on the stock. 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. Separately, 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. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Hiscox in a research note on Friday, August 1st. They now have a GBX 655 ($10.99) price target on the stock. Five investment analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 661.53 ($11.10).
Hiscox Ltd is a holding company for subsidiaries involved in the business of insurance in the United Kingdom and overseas.
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