Macquarie disclosed Hiscox Ltd (LON:HSX), boosting its stock price target to 1,200.00GBX today
- Updated: March 20, 2017
In a report released on 3/20/2017 Macquarie increased the stock price target of Hiscox Ltd (LON:HSX) to 1,200.00GBX stating a potential upside of 0.10%.
Boasting a price of 1,090.50GBX, Hiscox Ltd (LON:HSX) traded 1.94% higher on the day. With the last stock price close up 5.40% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Hiscox Ltd has recorded a 50-day average of 1,073.11GBX and a two hundred day average of 1,046.44GBX. Volume of trade was up over the average, with 464,477 shares of HSX changing hands over the typical 353,456
With a total market value of 0 GBX, Hiscox Ltd has price-earnings ratio of 9.51 with a one year low of 896.50GBX and a one year high of 1,106.00GBX .
A total of 16 equity analysts have released a research note on HSX. zero equity analysts rating the company a strong buy, five analysts rating the company a buy, seven analysts rating the company a hold, four analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of 950.80GBX.
General Company Details For Hiscox Ltd (LON:HSX)
Hiscox Limited is a Bermuda-based insurer. 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. Hiscox Retail consists of Hiscox UK and Europe, and Hiscox International, which provides personal lines cover and commercial insurance. Hiscox London Market consists of the internationally traded insurance business, including lines in property, marine and energy, casualty and other specialty insurance lines. 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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