Analysts Set Hiscox Ltd (LON:HSX) Target Price at GBX 1,466.83

Hiscox Ltd (LON:HSX) has been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,466.83.

A number of analysts have recently commented on the company. Jefferies Financial Group boosted their price target on 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 Hiscox from GBX 1,560 to GBX 1,713 and gave the company a “buy” rating in a research report on Wednesday, January 21st.

Hiscox Stock Up 0.7%

LON:HSX opened at GBX 1,494.65 on Thursday. Hiscox has a twelve month low of GBX 1,037 and a twelve month high of GBX 1,560.50. The business’s 50-day moving average price is GBX 1,468.07 and its two-hundred day moving average price is GBX 1,394.77. The stock has a market cap of £4.84 billion, a P/E ratio of 8.54, a PEG ratio of -2.30 and a beta of 0.37.

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.