Breaking Finance News

Citigroup announced Hiscox Ltd (LON:HSX), boosting its stock price target to 1,350.00GBX today

Just yesterday Hiscox Ltd (LON:HSX) traded 0.44% higher at 0.00GBX. Hiscox Ltd’s 50-day moving average is 1,270.35GBX and its 200-day moving average is 1,246.05GBX. The last stock price is down 9.71% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 41,917 shares of HSX traded hands, down from an average trading volume of 541,180

In a report released on 10/12/2017 Citigroup increased the stock price target of Hiscox Ltd (LON:HSX) to 1,350.00GBX reporting a possible upside of 0%.

Previously on Monday October 02, 2017, Peel Hunt released a statement about Hiscox Ltd (LON:HSX) held steady the target price at 910.00GBX. At the time, this indicated a possible downside of -0.30%.

Recent Performance Chart

Hiscox Ltd (LON:HSX)

Hiscox Ltd has 52 week low of 978.00GBX and a 52 week high of 1,378.00GBX with a PE ratio of 16.71 and has a market capitalization of 0 GBX.

In addition to Citigroup reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is 950.80GBX with 0 brokerages rating the stock a strong buy, 5 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 4 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On Hiscox Ltd (LON:HSX)

Hiscox Limited is a Bermuda-based insurer company. The Company is a holding company for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre. Its Hiscox Retail consists of Hiscox United Kingdom and Ireland, Hiscox Europe and Hiscox International. The Hiscox United Kingdom and Europe division provides commercial insurance for small- and medium-sized businesses. Its Hiscox London Market consists of the internationally traded insurance business, including lines in property, marine and energy, casualty and other specialty insurance lines. Its Hiscox Re is the reinsurance division of the Company, combining the underwriting platforms in Bermuda, London and Paris. The Corporate Centre consists of the investment return, finance costs and administrative costs associated with its management activities.

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