Hiscox Ltd (OTCMKTS:HCXLF – Get Rating) saw a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 30,800 shares, a growth of 58.8% from the December 15th total of 19,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Hiscox Stock Performance
Shares of OTCMKTS HCXLF opened at $13.50 on Friday. Hiscox has a twelve month low of $10.52 and a twelve month high of $13.23. The business has a 50 day simple moving average of $11.62 and a 200-day simple moving average of $11.06.
Analysts Set New Price Targets
HCXLF has been the topic of several recent analyst reports. Royal Bank of Canada increased their price target on shares of Hiscox from GBX 925 ($11.29) to GBX 975 ($11.90) in a research note on Thursday, November 3rd. Credit Suisse Group lifted their price objective on Hiscox from GBX 1,200 ($14.64) to GBX 1,230 ($15.01) in a research report on Tuesday, November 8th. Barclays dropped their price objective on Hiscox from GBX 1,208 ($14.74) to GBX 1,145 ($13.97) in a research report on Tuesday, November 22nd. Morgan Stanley lifted their price target on Hiscox from GBX 1,225 ($14.95) to GBX 1,331 ($16.24) in a report on Monday, October 10th. Finally, Berenberg Bank lifted their price objective on Hiscox from GBX 990 ($12.08) to GBX 1,015 ($12.39) in a research note on Friday, November 4th.
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 provides commercial insurance for small-and medium-sized businesses, personal lines cover, including high-value household, fine art, luxury motor, and classic car through brokers, partners and direct-to-consumer using both traditional and digital trading models.
- Get a free copy of the StockNews.com research report on Hiscox (HCXLF)
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