Hiscox Ltd (LON:HSX) Receives Average Rating of “Moderate Buy” from Analysts

Hiscox Ltd (LON:HSX) has been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 1,466.83.

A number of equities analysts have issued reports on HSX shares. Jefferies Financial Group lifted their target price on shares of Hiscox from GBX 1,068 to GBX 1,148 and gave the stock an “underperform” rating in a research report on Thursday, March 5th. The Goldman Sachs Group raised their price objective on shares of Hiscox from GBX 1,560 to GBX 1,713 and gave the stock a “buy” rating in a research note on Wednesday, January 21st.

Hiscox Stock Down 0.3%

Hiscox stock opened at GBX 1,472 on Thursday. The firm has a market capitalization of £4.76 billion, a PE ratio of 8.41, a P/E/G ratio of -2.30 and a beta of 0.37. Hiscox has a 52 week low of GBX 1,037 and a 52 week high of GBX 1,560.50. The firm’s 50-day simple moving average is GBX 1,464.92 and its 200 day simple moving average is GBX 1,392.53.

Hiscox Company Profile

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, and luxury motor, as well as artwork, antiques, classic cars, jewelry, collectables, and other assets through brokers, partners, and direct-to-consumers.