Peel Hunt Maintains Hiscox Ltd (LON:HSX) As a Hold; They Now Have a Target Price per Share Of GBX 785.00

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Hiscox Ltd (LON:HSX) Rating Reaffirmed

Peel Hunt now has a GBX 785.00 target price on the 2.97 billion GBP market cap company or -24.66% downside potential. In an analyst note shared with investors on Monday, 7 December, Hiscox Ltd (LON:HSX) shares have had their Hold Rating kept steady by investment analysts at Peel Hunt.

From a total of 16 analysts covering Hiscox Ltd (LON:HSX) stock, 5 rate it a ”Buy”, 3 a “Sell”, and 9 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 1190 while the lowest target price is GBX 645. The mean of all analyst targets is GBX 886.2 with a -14.86% below today’s (GBX 1042) stock price. Hiscox Ltd was the topic of 33 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. J.P. Morgan maintained shares on November 30 with “Overweight” rating. Peel Hunt maintained shares with “Hold” rating and GBX 785 target share price in a report from a November 9. Bernstein maintained HSX stock in a recent report from November 23 with “Market Perform” rating. Numis Securities maintained the rating on November 9. Numis Securities has a “Hold” rating and a GBX 880 price target on shares. Finally, Shore Capital maintained the stock with “Buy” rating in a report issued on a November 9.

Approximately 16,159 shares of stock traded hands. Hiscox Ltd (LON:HSX) has risen 23.99% since May 8, 2015 and is uptrending. It has outperformed by 25.07% the S&P500.

Peel Hunt Maintains Hiscox Ltd (LON:HSX) As a Hold; They Now Have a Target Price per Share Of GBX 785.00

Hiscox Limited is a Bermuda-based specialist insurer company. The company has a market cap of 2.97 billion GBP. The Firm is a holding firm for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. It has 14.07 P/E ratio. It operates through four divisions: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre.

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