A number of other research analysts have also recently issued reports on the stock. UBS Group restated a neutral rating on shares of Hiscox in a report on Thursday, January 3rd. Peel Hunt decreased their price objective on shares of Hiscox from GBX 1,220 ($15.94) to GBX 1,165 ($15.22) and set a reduce rating for the company in a report on Friday, November 16th. Royal Bank of Canada restated a sector perform rating on shares of Hiscox in a report on Monday, November 5th. Berenberg Bank decreased their price objective on shares of Hiscox from GBX 1,790 ($23.39) to GBX 1,711 ($22.36) and set a buy rating for the company in a report on Tuesday, November 6th. Finally, Shore Capital restated an under review rating on shares of Hiscox in a report on Monday, November 5th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,482.91 ($19.38).
Shares of LON HSX opened at GBX 1,570 ($20.51) on Tuesday. Hiscox has a 52-week low of GBX 1,069.50 ($13.97) and a 52-week high of GBX 1,526 ($19.94).
In related news, insider Colin D. Keogh purchased 914 shares of Hiscox stock in a transaction dated Friday, December 14th. The stock was bought at an average price of GBX 1,602 ($20.93) per share, for a total transaction of £14,642.28 ($19,132.73).
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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