Today, Hiscox Ltd (HSX) Given Overweight Rating at JPMorgan Chase & Co.

Today, Hiscox Ltd (HSX) Given Overweight Rating at JPMorgan Chase & Co.

Hiscox Ltd (LON:HSX)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Tuesday. They presently have a GBX 1,125 ($14.06) price target on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 5.53% from the company’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Peel Hunt reissued a “reduce” rating and issued a GBX 870 ($10.87) price objective on shares of Hiscox in a research report on Monday, November 7th. Barclays PLC reissued an “underweight” rating and issued a GBX 904 ($11.29) price objective on shares of Hiscox in a research report on Monday, October 31st. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 1,180 ($14.74) price objective on shares of Hiscox in a research report on Friday, October 7th. Shore Capital reissued a “buy” rating on shares of Hiscox in a research report on Wednesday, October 5th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a GBX 1,045 ($13.06) price objective on shares of Hiscox in a research report on Wednesday, August 24th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 1,026.73 ($12.83).

Shares of Hiscox (LON:HSX) remained flat at GBX 1066.00 during midday trading on Tuesday. 381,284 shares of the company traded hands. The firm’s market capitalization is GBX 3.00 billion. The company has a 50 day moving average of GBX 1,046.76 and a 200-day moving average of GBX 1,033.03. Hiscox has a 12 month low of GBX 896.50 and a 12 month high of GBX 1,106.00.

In other news, insider Anne MacDonald bought 2,823 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The stock was bought at an average price of GBX 1,041 ($13.01) per share, with a total value of £29,387.43 ($36,715.93). Also, insider Keogh,Colin D bought 41 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The shares were purchased at an average cost of GBX 1,036 ($12.94) per share, with a total value of £424.76 ($530.68).

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