Barclays PLC reiterated their underweight rating on shares of Hiscox Ltd (LON:HSX) in a research note released on Tuesday morning. Barclays PLC currently has a GBX 1,008 ($13.59) target price on the stock.

Other analysts have also issued reports about the company. Credit Suisse Group lowered Hiscox to a neutral rating and boosted their price objective for the stock from GBX 1,180 ($15.91) to GBX 1,305 ($17.59) in a report on Tuesday, July 18th. Peel Hunt reissued a reduce rating and set a GBX 840 ($11.33) price objective on shares of Hiscox in a report on Monday, June 5th. Citigroup Inc. reissued a neutral rating and set a GBX 1,330 ($17.93) price objective on shares of Hiscox in a report on Friday, July 14th. Stockdale Securities reissued a neutral rating on shares of Hiscox in a report on Wednesday, August 2nd. Finally, Shore Capital reissued a buy rating on shares of Hiscox in a report on Monday, July 31st. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 1,190.25 ($16.05).

Hiscox (LON HSX) opened at 1224.00 on Tuesday. The company’s market capitalization is GBX 3.46 billion. The firm has a 50-day moving average price of GBX 1,294.43 and a 200-day moving average price of GBX 1,224.45. Hiscox has a 1-year low of GBX 978.00 and a 1-year high of GBX 1,378.00.

COPYRIGHT VIOLATION WARNING: This article was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was illegally stolen and reposted in violation of US and international copyright law. The original version of this article can be read at https://www.dailypolitical.com/2017/09/23/barclays-plc-reiterates-underweight-rating-for-hiscox-ltd-hsx.html.

The firm also recently announced a dividend, which was paid on Wednesday, September 13th. Stockholders of record on Thursday, August 10th were issued a GBX 9.50 ($0.13) dividend. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 10th.

Hiscox Company Profile

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.

Analyst Recommendations for Hiscox (LON:HSX)

Receive News & Ratings for Hiscox Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hiscox Ltd and related companies with MarketBeat.com's FREE daily email newsletter.