Trade Report: The Hiscox’s (HSX) Outperform Rating Reiterated at Credit Suisse Group AG

The Hiscox’s (HSX) Outperform Rating Reiterated at Credit Suisse Group AG

Credit Suisse Group AG reiterated their outperform rating on shares of Hiscox Ltd (LON:HSX) in a research note released on Friday. Credit Suisse Group AG currently has a GBX 1,180 ($14.60) price target on the stock.

A number of other research firms have also recently weighed in on HSX. Peel Hunt reiterated a reduce rating and set a GBX 870 ($10.77) price objective on shares of Hiscox in a research report on Thursday, September 22nd. Barclays PLC boosted their price objective on shares of Hiscox from GBX 714 ($8.84) to GBX 728 ($9.01) and gave the company an underweight rating in a research report on Thursday, July 21st. Shore Capital reiterated a buy rating on shares of Hiscox in a research report on Monday, July 25th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 1,125 ($13.92) price objective on shares of Hiscox in a research report on Tuesday, July 26th. Finally, Canaccord Genuity boosted their price objective on shares of Hiscox from GBX 865 ($10.71) to GBX 980 ($12.13) and gave the company a sell rating in a research report on Tuesday, July 26th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 993.69 ($12.30).

Hiscox (LON:HSX) opened at 1040.00 on Friday. Hiscox has a 12 month low of GBX 896.50 and a 12 month high of GBX 1,106.00. The stock’s market capitalization is GBX 2.93 billion. The company’s 50-day moving average is GBX 1,059.49 and its 200-day moving average is GBX 1,009.11.

In related news, insider Watson,Richard sold 96,234 shares of the company’s stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of GBX 1,084 ($13.42), for a total value of £1,043,176.56 ($1,291,060.10). Also, insider Anne MacDonald acquired 2,823 shares of the stock in a transaction that occurred on Friday, September 30th. The stock was acquired at an average cost of GBX 1,041 ($12.88) per share, with a total value of £29,387.43 ($36,370.58).

Related posts

Leave a Comment