RBC Capital Reaffirms Sector Perform Rating on Hiscox Ltd (HSX)
Hiscox Ltd (LON: HSX)‘s stock had its “sector perform” rating reaffirmed by research analysts at RBC Capital in a report released on Thursday. They currently have a $7.42 (460 GBX) target price on the stock.
Hiscox Ltd opened at 480.00 on Thursday. Hiscox Ltd has a 1-year low of GBX 357.00 and a 1-year high of GBX 497.00. The company’s market cap is £1.882 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Hiscox Ltd in a research note to investors on Friday, October 19th. Separately, analysts at HSBC downgraded shares of Hiscox Ltd to an “underweight” rating in a research note to investors on Monday, October 1st. They now have a $7.82 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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