Peel Hunt restated their reduce rating on shares of Hiscox Ltd (LON:HSX) in a report released on Thursday. They currently have a GBX 870 ($11.36) price objective on the stock.

HSX has been the topic of a number of other research reports. Canaccord Genuity increased their price target on Hiscox from GBX 865 ($11.29) to GBX 980 ($12.79) and gave the stock a sell rating in a research report on Tuesday, July 26th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 1,125 ($14.68) price target on shares of Hiscox in a research report on Tuesday, July 26th. Barclays PLC increased their price target on Hiscox from GBX 684 ($8.93) to GBX 714 ($9.32) and gave the stock an underweight rating in a research report on Wednesday, June 29th. HSBC reissued a hold rating and set a GBX 972 ($12.69) price target on shares of Hiscox in a research report on Wednesday, June 29th. Finally, Shore Capital reissued a buy rating on shares of Hiscox in a research report on Monday, July 25th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 993.69 ($12.97).

Shares of Hiscox (LON:HSX) opened at 1084.00 on Thursday. Hiscox has a 52 week low of GBX 896.50 and a 52 week high of GBX 1,099.00. The firm’s market capitalization is GBX 3.06 billion. The company’s 50 day moving average price is GBX 1,065.68 and its 200-day moving average price is GBX 998.44.

The company also recently announced a dividend, which was paid on Friday, September 9th. Stockholders of record on Thursday, August 4th were paid a GBX 8.50 ($0.11) dividend. The ex-dividend date was Thursday, August 4th. This represents a dividend yield of 0.8%.

In other news, insider Jansen,Ernst bought 2,288 shares of Hiscox stock in a transaction dated Thursday, June 30th. The stock was bought at an average cost of GBX 997 ($13.01) per share, for a total transaction of £22,811.36 ($29,775.96). Also, insider Watson,Richard sold 96,234 shares of the firm’s stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of GBX 1,084 ($14.15), for a total value of £1,043,176.56 ($1,361,671.53).

About Hiscox

Hiscox Limited is a Bermuda-based specialist 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.

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