Brokerages Set Hiscox Ltd (LON:HSX) PT at GBX 1,770.17

Hiscox Ltd (LON:HSX) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 1,770.17.

Several equities research analysts have weighed in on the stock. Berenberg Bank increased their target price on shares of Hiscox from GBX 1,760 to GBX 1,900 and gave the stock a “buy” rating in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on shares of Hiscox from GBX 1,800 to GBX 2,050 and gave the company an “overweight” rating in a report on Friday, July 10th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,850 price objective on shares of Hiscox in a research report on Wednesday, June 24th. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 1,148 price objective on shares of Hiscox in a research note on Thursday, May 7th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 1,960 target price on shares of Hiscox in a report on Thursday, May 28th.

Hiscox Stock Performance

Shares of LON HSX opened at GBX 1,877 on Wednesday. The stock has a market cap of £6.02 billion, a P/E ratio of 10.73, a P/E/G ratio of -2.30 and a beta of 0.40. The firm has a 50 day moving average price of GBX 1,797.70 and a 200 day moving average price of GBX 1,605.47. Hiscox has a 52-week low of GBX 1,246 and a 52-week high of GBX 1,966.44.

Hiscox Company Profile

Hiscox is a global, specialty insurer, listed on the London Stock Exchange and headquartered in Bermuda. We have grown from
our roots as a niche Lloyd’s of London underwriter into a diversified international insurance group operating across direct‑to‑consumer, broker and partner‑distributed retail insurance; large and complex commercial insurance; reinsurance and insurance‑linked strategies.

We currently employ over 3,000 people worldwide across 13 countries and 31 offices. We have a distinctive brand, energised and ambitious teams, a strong balance sheet, and plenty of room to grow in each of our chosen markets and lines of business.