Hiscox (LON:HSX)‘s stock had its “hold” rating restated by research analysts at Stockdale Securities in a research report issued on Tuesday, February 6th. They currently have a GBX 1,580 ($21.83) target price on the stock. Stockdale Securities’ price target indicates a potential upside of 15.19% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Shore Capital reissued a “buy” rating on shares of Hiscox in a research note on Tuesday, November 7th. Berenberg Bank started coverage on Hiscox in a research note on Wednesday, December 13th. They issued a “buy” rating and a GBX 1,580 ($21.83) price target for the company. Citigroup reissued a “neutral” rating and issued a GBX 1,350 ($18.65) price target on shares of Hiscox in a research note on Thursday, October 12th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Hiscox in a research report on Friday, January 5th. Finally, Peel Hunt reaffirmed a “reduce” rating and set a GBX 910 ($12.57) target price on shares of Hiscox in a research report on Tuesday, November 7th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,303.27 ($18.01).
Shares of Hiscox (LON:HSX) opened at GBX 1,371.67 ($18.95) on Tuesday. The stock has a market cap of $3,940.00 and a P/E ratio of 1,672.77. Hiscox has a 52 week low of GBX 1,060 ($14.64) and a 52 week high of GBX 1,478 ($20.42).
In other Hiscox news, insider Roberts S. Childs sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of GBX 1,416 ($19.56), for a total transaction of £424,800 ($586,902.46). Also, insider Colin D. Keogh acquired 944 shares of Hiscox stock in a transaction dated Thursday, December 14th. The stock was acquired at an average cost of GBX 1,390 ($19.20) per share, with a total value of £13,121.60 ($18,128.76).
TRADEMARK VIOLATION NOTICE: This article was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/16/stockdale-securities-reaffirms-hold-rating-for-hiscox-hsx.html.
Hiscox Limited is a Bermuda-based insurer company. The Company is a holding company for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre.
Receive News & Ratings for Hiscox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hiscox and related companies with MarketBeat.com's FREE daily email newsletter.