Barclays Capital Upgrades Hiscox Ltd to Overweight (HSX)
Hiscox Ltd (LON: HSX) was upgraded by research analysts at Barclays Capital to an “overweight” rating in a report released on Monday. The firm currently has a $8.13 (504 GBX) target price on the stock.
Hiscox Ltd opened at 473.70 on Monday. Hiscox Ltd has a 1-year low of GBX 370.00 and a 1-year high of GBX 497.00. The stock’s 50-day moving average is currently GBX 481.8. The company’s market cap is £1.858 billion.
HSX has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Hiscox Ltd in a research note to investors on Tuesday, January 8th. They now have a $7.74 price target on the stock. Separately, analysts at Nomura reiterated a “reduce” rating on shares of Hiscox Ltd in a research note to investors on Thursday, January 3rd. They now have a $7.16 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Hiscox Ltd in a research note to investors on Thursday, December 20th. They now have a $7.99 price target on the stock.
Hiscox Ltd is a holding company. The Company is a specialist insurer that provides insurance and reinsurance services to its clients in Bermuda, the United Sates, the United Kingdom, Guernsey and Europe.
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