Hiscox Ltd Price Target Lowered to $8.01 at Westhouse Securities (HSX)

Westhouse Securities lowered their price target on shares of Hiscox Ltd (LON: HSX) to $8.01 (530 GBX) in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock.

A number of other analysts have also recently weighed in on HSX. Analysts at Credit Suisse raised their price target on shares of Hiscox Ltd from $7.66 to $8.19 in a research note to investors on Wednesday, February 27th. They now have a “neutral” rating on the stock. Separately, analysts at Nomura raised their price target on shares of Hiscox Ltd from $6.73 to $7.67 in a research note to investors on Tuesday, February 26th. They now have a “reduce” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Hiscox Ltd in a research note to investors on Monday, February 25th. They now have a $7.48 price target on the stock.

Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. Hiscox Ltd has an average rating of “Hold” and a consensus price target of $7.78 (515 GBX).

Shares of Hiscox Ltd (LON: HSX) traded down 0.09% during mid-day trading on Tuesday, hitting GBX 558.50. Hiscox Ltd has a one year low of GBX 370.00 and a one year high of GBX 566.00. The stock’s 50-day moving average is currently GBX 481.8. The company’s market cap is £2.202 billion.

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.