Hiscox Ltd (LON:HSX) has received an average rating of “Hold” from the twelve ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and nine have assigned a hold recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 1,576.10 ($20.59).

Several research firms recently commented on HSX. JPMorgan Chase & Co. raised shares of M.D.C. from an “underweight” rating to a “neutral” rating in a research report on Monday, July 8th. Peel Hunt cut shares of Senior to a “hold” rating and cut their price objective for the company from GBX 260 ($3.40) to GBX 230 ($3.01) in a research report on Friday. UBS Group raised shares of to a “neutral” rating and boosted their price objective for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 1,581 ($20.66) price objective on shares of in a research report on Tuesday, June 11th. Finally, HSBC set a €59.00 ($68.60) price objective on shares of Indus and gave the company a “buy” rating in a research report on Wednesday, May 15th.

Shares of LON HSX traded down GBX 37 ($0.48) during midday trading on Friday, reaching GBX 1,707 ($22.30). 1,975,991 shares of the stock were exchanged, compared to its average volume of 721,158. The business’s 50-day moving average is GBX 1,695.92. The stock has a market capitalization of $4.92 billion and a P/E ratio of 38.53. Hiscox has a 12 month low of GBX 1,411 ($18.44) and a 12 month high of GBX 1,795 ($23.45). The company has a quick ratio of 0.48, a current ratio of 0.74 and a debt-to-equity ratio of 30.21.

Hiscox Company Profile

Hiscox Ltd, together with its subsidiaries, provides insurance and reinsurance services. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It provides commercial insurance for small-and medium-sized businesses, including household, fine art and collectibles, and luxury motor via brokers, through a growing network of partnerships, and directly to consumers.

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Analyst Recommendations for Hiscox (LON:HSX)

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