Hiscox Ltd (LON:HSX) Given Average Rating of “Moderate Buy” by Brokerages

Hiscox Ltd (LON:HSX) has received an average recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,466.83.

HSX has been the subject of several research analyst reports. The Goldman Sachs Group upped their price objective on shares of Hiscox from GBX 1,560 to GBX 1,713 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Jefferies Financial Group upped their price objective on shares of Hiscox from GBX 1,068 to GBX 1,148 and gave the company an “underperform” rating in a research note on Thursday, March 5th.

Hiscox Price Performance

LON HSX opened at GBX 1,590.48 on Monday. Hiscox has a 1 year low of GBX 1,059 and a 1 year high of GBX 1,617. The company has a market capitalization of £5.13 billion, a PE ratio of 9.09, a P/E/G ratio of -2.30 and a beta of 0.36. The company has a fifty day moving average of GBX 1,504.88 and a two-hundred day moving average of GBX 1,427.24.

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.