Credit Suisse Gives Neutral Rating to Hiscox Ltd (HSX)
Hiscox Ltd (LON: HSX)‘s stock had its “neutral” rating restated by equities researchers at Credit Suisse in a report issued on Tuesday. They currently have a $8.12 (505 GBX) target price on the stock.
Shares of Hiscox Ltd opened at 468.90 on Tuesday. Hiscox Ltd has a 52 week low of GBX 370.00 and a 52 week high of GBX 497.00. The stock’s 50-day moving average is currently GBX 481.8. The company’s market cap is £1.839 billion.
A number of other analysts have also recently weighed in on HSX. Analysts at Barclays Capital upgraded shares of Hiscox Ltd to an “overweight” rating in a research note to investors on Monday. They now have a $8.13 price target on the stock. Separately, 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. Finally, 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.
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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