Hiscox Stock Rating Reaffirmed by Deutsche Bank (HSX)
Shares of Hiscox (LON:HSX) opened at 640.50 on Tuesday. 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 684.9 and its 200-day moving average is GBX 703.2. The company’s market cap is £2.038 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, September 17th. Stockholders 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.
A number of other analysts have also recently weighed in on HSX. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Hiscox in a research note on Thursday, August 14th. Finally, 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 ($11.42) price target on the stock. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 662.56 ($11.08).
Hiscox Ltd is a holding company for subsidiaries involved in the business of insurance in the United Kingdom and overseas.
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