Today, Hiscox Ltd (HSX) Upgrade to Add at Numis Securities Ltd

Today, Hiscox Ltd (HSX) Upgrade to Add at Numis Securities Ltd

Numis Securities Ltd upgraded shares of Hiscox Ltd (LON:HSX) to an add rating in a research report released on Thursday morning. The brokerage currently has GBX 1,225 ($15.30) price objective on the stock.

HSX has been the subject of several other reports. Peel Hunt restated a reduce rating and issued a GBX 870 ($10.87) price objective on shares of Hiscox in a research note on Thursday, September 22nd. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 1,125 ($14.06) target price on shares of Hiscox in a report on Monday, September 12th. Citigroup Inc. reaffirmed a neutral rating and set a GBX 1,045 ($13.06) target price on shares of Hiscox in a report on Wednesday, August 24th. Credit Suisse Group AG reaffirmed an outperform rating and set a GBX 1,180 ($14.74) target price on shares of Hiscox in a report on Friday, October 7th. Finally, Shore Capital reaffirmed a buy rating on shares of Hiscox in a report on Wednesday, October 5th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. Hiscox has a consensus rating of Hold and an average price target of GBX 1,026.73 ($12.83).

Shares of Hiscox (LON:HSX) opened at 1064.00 on Thursday. Hiscox has a one year low of GBX 896.50 and a one year high of GBX 1,106.00. The stock’s market capitalization is GBX 3.00 billion. The stock’s 50 day moving average price is GBX 1,046.43 and its 200 day moving average price is GBX 1,032.80.

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

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